Wednesday, March 28, 2007

The New Definition of "Free Trade"

The Heritage Foundation has a good article on Free Trade. Here's a quote:

"Free trade is dead, living on in policymaking as a euphemism for conditional trade deals. "Yes, Peru, Americans will trade ‘freely' with your citizens on the condition that you do X, Y, and Z." This is not the American way; conditional interstate commerce among the United States was made unconstitutional in 1789 precisely because the Founding Fathers recognized the pettiness and gross inefficiency of protectionism."


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