``I must give him his due. He has considerably cretinized me.'' Lautréamont

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Sunday, May 14, 2006

About That Free Trade . . . (NYT)

Hell freezes over. The NYT gets one right.

except they think it's about hypocrisy and the poor, when it's about benefits to both sides.

they will never understand a voluntary transaction is voluntary because both sides profit.

the poor can take care of themselves once both sides profit.

it's opposed by a lobby that is not interested in benefits to both sides, just to their side.

Things are looking grim for free trade. And that is a disgrace that highlights the hypocrisy of speeches about abolishing global poverty that the leaders of rich countries gave last year.


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