I am not wedded to Friedman or Smith. I go John Maynard Keynes depending
entirely upon the circumstances? Yes, in case of deflation-depression, break
glass to criculate cash into an economy. Today? Let's see if this Tariff policy
works in real life? Starmer seemed to be good with it. But I won't know until
impact is experienced. Roll the dice and see if this pays out?
On Thursday, May 8, 2025 at 09:08:04 AM EDT, John Clark
<[email protected]> wrote:
On Thu, May 8, 2025 at 8:50 AM '[email protected]' via Everything List
<[email protected]> wrote:
> Team Rep is closer to Adam Smith & Milton Friedman.
BULLSHIT!! Adam Smith & Milton Friedman were both ferociously strong advocates
of free trade, but Donald Trump and his team of billionaire troglodytes are the
exact opposite of that. Both Smith and Friedman insisted that free trade
promotes economic efficiency and consumer welfare and trade barriers only
benefit special interests not the general public; and they said international
trade drives innovation and keeps domestic producers from becoming lazy and
complacent.
John K Clark See what's on my new list at Extropolisede
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