... are statements like this from U.S. trade representative Susan Schwab:
“America’s economic future depends heavily on more free trade agreements like the one we are signing today with Korea,” Ms. Schwab said at a signing ceremony in Washington.
Does anyone really believe this?
Susan Schwab is crazy.
Posted by: mohammad | July 01, 2007 at 12:13 AM
Fair enough. But do you think she can get away with saying something like "Yeah, this free trade agreement thingy with Korea is nice enough, but it's not like we were dying to sign it or anything. Actually, we didn't really need this at all, we're just sort of doing them a favor"?
Posted by: unarmed | July 01, 2007 at 03:17 AM
Yes, at least Grg Mankiw, Jagish B,not to mention Robert Lucas Jr. and Paul Romer.
Posted by: Silent Observer | July 01, 2007 at 06:01 AM
Yes, everyone who believes everything written in primitive beginner-level textbooks.
Posted by: jb | July 01, 2007 at 07:22 AM
Silent Observer needs to get his/her facts straight. Bhagwati, perhaps the leading opponent of FTAs, has also called the KORUS FTA a "Faustian bargain." http://blogs.ft.com/wolfforum/2007/04/a_koreanamerica.html
Leave Bhagwati off of the shame list.
Posted by: erik | July 01, 2007 at 10:54 AM
One could probably reuse from Elisabeth Anscombe:
"I know that in one way such a speech does not deserve scrutiny; after all, it was just something to say on its occasion. And he had to say something. One must not suppose that one can glean anything a man actually thinks from what he says in such circumstances. "
Posted by: jose amarante | July 03, 2007 at 05:54 PM
Posted by: jose amarante | July 03, 2007 at 05:55 PM
Apparently enough economists and politicians believe so that they are willing to destroy blue collar America to prove their point.
Posted by: save_the_rustbelt | July 04, 2007 at 02:26 PM
Apparently enough economists and politicians believe so that they are willing to destroy blue collar America to prove their point.
Posted by: save_the_rustbelt | July 04, 2007 at 02:26 PM
Believe it? No. Fear for the world in which it were true for the U.S.? Yes. Be pleased for the Koreans? Absolutely.
I am large (and getting larger, damnitall); I contain Multitudes.
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