The US grew in the 19th century because it had a continent to colonize, not because of international trade rules. By laying out pros and cons we risk inducing people to join the debate, and losing control of a process that only we fully understand. - Alan Greenspan
If it hadn't been for the first world war, we would be having this conversation in German.
Incidentally, there's another parallel: The countries that won the first world war did so by being neutral.
- Jake If you only spend 20 minutes of the rest of your life on economics, go spend them here.
