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Introducing the Sustainable Trade Act

by David Shreve

What are supposed to be the advantages of the free-trade consensus that has emerged in the last century? Yes, innovative technologies and techniques have made their way around the globe. The diffusion of digital communications, managerial technology, advanced materials engineering, and efficient shipping techniques are but a few prominent examples. The openness and complexity of the global trading system have facilitated this diffusion.

Additionally, trade based on “comparative advantage” has modestly increased global economic efficiency.


Growth and Free Trade: Brain-Dead Dogmas Still Kicking Hard

Of course, it’s better to be rich than poor, but the conventional approaches for making us rich — GDP growth and free trade — no longer apply.


Book Review: Economics Unmasked: From Power and Greed to Compassion and the Common Good by Phillip B. Smith and Manfred Max-Neef

MIT-PhD-IMF-BMW. Although this career path may benefit specific economists, it fails to serve the common good.


Elitist Growth by Cheap Labor Policies

Jettisoned jobs, illegal immigration, and manic mechanization make for profoundly impractical employment policies.