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"Might be better off under free-trade". <stamps feet>

What if one rich guy would be better off and everyone else would be reduced to penury. Would redistributive tariffs be ok then?

by Colman (colman at eurotrib.com) on Thu Jun 15th, 2006 at 10:39:15 AM EST
[ Parent ]
<stamps feet>

You almost made me spit my coffee out with that.  From this point, onward, assume that I'm using "mights" and "maybes" where needed.

To answer your question, I would obviously support redistribution in large quantities under that example.  But, needless to say, this is not what seems likely to happen, unless we look only at a few pieces of the picture -- namely, the businessman who outsourced and the workers who lost their jobs.  (In fact, on this one occasion, I'll guarantee that this would not happen.)  But, again, that ignores the Chinese who, at this point in time, seem likely to gain those jobs, as well as ignoring the other (Americans, Europeans, Guatemalans, Japanese, Aussies, whatever) who will likely see the cost of food, cars, clothing, computers, etc., fall, thereby raising their living standards.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Thu Jun 15th, 2006 at 10:51:03 AM EST
[ Parent ]
my coffee

Excuse me.  That should read "my colored water that Americans call coffee," according to Migeru.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Thu Jun 15th, 2006 at 10:53:50 AM EST
[ Parent ]
That's the only rational explanation for the fact that Americans can drink a dozen cups of coffee a day.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper
by Migeru (migeru at eurotrib dot com) on Thu Jun 15th, 2006 at 10:56:23 AM EST
[ Parent ]
I usually have four or five per day, but I use espresso (ha!), milk and sugar.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Thu Jun 15th, 2006 at 11:00:42 AM EST
[ Parent ]
That, and our sleeping habits dictate that several cups are necessary in the morning.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Thu Jun 15th, 2006 at 11:02:29 AM EST
[ Parent ]
Several cups of Italian coffee in the morning would kill you.

But you only have 4 or 5 espressos a day, which I suppose is ok. One in your capuccino for breakfast, a mid-morning coffee, one after lunch, one after your (early) dinner. Matches the Spanish pattern (the last one happens at tea-time way before our (late) dinner.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Thu Jun 15th, 2006 at 11:06:22 AM EST
[ Parent ]
Several cups of Italian coffee in the morning would kill you.

Being of British and Irish ancestry, I have little doubt that you're right.  But my ancestors' side of Europe has better beer.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Thu Jun 15th, 2006 at 11:16:37 AM EST
[ Parent ]
Assuming you drink it chilled...

Warm bear, ugh!

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Thu Jun 15th, 2006 at 11:22:25 AM EST
[ Parent ]
Depends on what you're drinking.  I was surprised to find that Guinness was quite enjoyable when served a bit warmer.  But I would certainly never advise you to drink Budweiser or one of the other disgusting American beers at anything higher than 34F or so.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Thu Jun 15th, 2006 at 11:30:01 AM EST
[ Parent ]
That's the only rational explanation for the fact that Americans can drink a dozen cups of coffee a day.

Coming back to this a little late - I suspect this one fact on its own explains a huge amount of US politics and culture.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Fri Jun 23rd, 2006 at 09:35:09 AM EST
[ Parent ]
:-) You go into your doctor's office.  He diagnoses you. He says you 'might' have a deadly disease that 'maybe' could be cured with treatment X.

What would be your reaction?

No raindrop believes itself responsible for the flood that follows.

by Benito (haplo1998 at yahoo) on Mon Jun 19th, 2006 at 10:35:52 PM EST
[ Parent ]
I'd ask "can you run another test to make sure I have the disease", and "is that the most successful treatment that we know"?

Both are experimental questions.

guaranteed to evoke a violent reaction from police is to challenge their right to "define the situation." --- David Graeber citing Marc Cooper

by Migeru (migeru at eurotrib dot com) on Wed Jun 21st, 2006 at 11:00:08 AM EST
[ Parent ]
And therein lies the problem. Economics, like most social science, is hampered by it's inability to conduct real experiments and the 'squishy' nature of the variables it measures. As a social scientist I'm of course sympathetic, but that just means I understand how tentative all these 'findings' really are.

Social Science, especially economics, is collectively at the point where physics was while Newton lived, or where Biology was when Darwin made his first trip on the Beagle. We've found some empirical correlations. We have a few theories that seem internally consistent. Do we have great working models of real economies or real social systems? No. We know more about the weather.  

No raindrop believes itself responsible for the flood that follows.

by Benito (haplo1998 at yahoo) on Thu Jun 22nd, 2006 at 01:12:43 AM EST
[ Parent ]

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