SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Bill Ulrich who wrote (212010)7/13/2007 6:50:22 PM
From: D. Long  Respond to of 793990
 
That is, if one agrees that a marketplace with one/few manager(s) is more efficient than being overseen by 180 different, independent managers

Exactly! Ron has no problem with single bilateral treaties, but absurdly has a problem with multilateral treaties that are, essentially, a bunch of bilateral treaties in one instrument.



To: Bill Ulrich who wrote (212010)7/17/2007 2:38:55 PM
From: TimF  Read Replies (1) | Respond to of 793990
 
The gist I get from his ronpaullibrary.com and ronpaul2008.com sites is that he envisions the world marketplace as a sort of ... "farmers' market" where you simply walk down the street and pay Joey Bushelobeets two bucks for his basket o' goods. That worked reasonably well in the past -- like the Molasses/Rum/Slaves triangle a few years ago. Myopic in this millenium, IMO. The best "free trade" marketplace is ... a managed one.

If its myopic in this millenium its mainly as a matter of politics. Your unlikely to get political support for truely unfettered trade, but personally I agree with him to the extent that I'd prefer free trade without the "management". I don't think the best free trade is "managed trade", and most its the best free trade system that is politically achievable at the moment.