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June 14, 2008

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I had to laugh at the closing paragraph as it touts the old canard that everyone wins from free trade. Maybe the next time a fact checker calls, just hang up the phone.

I had to laugh at the closing paragraph as it touts the old canard that everyone wins from free trade. Maybe the next time a fact checker calls, just hang up the phone.

Something has happened to the NY Times over the past decade. It used to be a Main Street Republican leaning publication with a dollop of leftist concern for the poor and disadvantaged. This made sense, the owners were from socially liberal NY Jewish families who had a tradition of concern for such interests, but were now economically in the wealthy capitalist class and thus allied economically with big business.

The family still controls the paper, but it is a new generation and, having grown up in wealth, they have moved more rightward on economic matters. This is most easily seen in their choices for the op-ed pundits where neo-cons predominate, as well as their installation of hard right wingers as the editors of both the Sunday Magazine and Book Review sections.

They also give too much space to libertarian economists (or play-acting economists like Ben Stein) in the business section.

So it should not be surprising that a staffer at the magazine wouldn't know enough to realize that the question was meaningless or biased and assumed a certain framing for the piece they were publishing.

Is it any wonder that the press is now held in such low regard? Judith Miller was just a symptom of a paper infected with ideology and trying to make reality fit.

Like I said a few times before and as I'm sure you've heard from others far more qalified than me:

When thoughtful nuanced economists nit-pick at trade, you do indeed give weight to and embolden un-nuanced protectionists whose true views are very, very different from yours....people you once said were referred to as "barabarians" by a colleague of yours.

Remember Ron Paul is anti-Nafta and so are many far left poliiticians in Congress...but the reasons for that position couldn't be any more different.

National discourse is dumbed down and there's little room for detail. You shouldn't be surprised to get these kinds of questions.

You may be quibbling over means but the result is always going to be a impression by the masses that you are disputing general ends.

The general public isn't really going to grasp or care why and where you quibble with the consensus of "free traders"....or care about the nunaced difference between different kinds of free traders for that matter.

The over simplified and soundbyte-style result is going to be that you disagree with free traders and hence will be taken as validiation for the argument of protectionists.

Yes, it's not fair. But that's the way it is.

If everyone is benefitting from free trade, why have working-class wages declined steadily since 1981 (exception noted: they pretty much kept pace with everyone else from ca. 1995-2001).

I'm not the greatest at basic economics, but I'd give odds that the tangent of the Income-Consumption Utility curve that has a tangent at 100/95 is higher than the one tangential to 93/95. Yet Loewenstein seems to think this makes workers "better off."

Should I be returning my M.A.?

As Amartya Sen writes in his "Development as Freedom", to be "anti-trade" is like to be against people talking to one another.

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