Liberal Forum

Blackvegetable » Today, 10:25 am » wrote: ↑

Today, 10:25 am

In the era between the world wars, Argentina operated as an autarky...
For a while it was the wealthiest nation on Earth, on a per capita basis.

The current existing example is North Korea.

Meanwhile, Comparative Advantage has a proven track record spanning centuries.

There pros and cons to Comparative Advantage.

The main con being the exploitation of cheap child labor in countries where the labor force has no power.

I see no reason why we can't claw back some of that business.

Pretty deep subject matter, thanks for bringing it up.