A Quote by Robert Kuttner

Technological advance often thrives in sheltered and subsidized markets, which defy free trade. — © Robert Kuttner
Technological advance often thrives in sheltered and subsidized markets, which defy free trade.
I'm in favor of free trade, but I think if you had to make a choice between having technological progress versus free trade, you had one or the other, you should always pick technological progress. I think it's an incredibly important variable for creating more prosperity.
Free trade has been one of the tenets of the modern Mexican economy, and it's through competition and free trade that we will continue to advance.
But now, we are becoming suspicious of the very things we have long celebrated - free markets, trade, immigration, and technological change. And all this is happening when the tide is going our way. Just as the world is opening up, America is closing down.
There is no doubt that we live in an age of unprecedented, and sometimes terrifying, technological advance where the speed of advance so often outstrips the necessary ethical considerations.
From 1947 to 2001, the American economy grew annually at a rate of 3.5 percent. After China got into the World Trade Organization, got access to our markets and flooded our markets with its illegally subsidized exports, we grew at a rate of 1.8 percent from 2002 to 2015. That's almost cut in half.
Our business thrives on free and open global trade.
I debated free trade in college. I came out as a free trader. I'm a free markets guy. I'm an Adam Smith guy.
How does allowing China to constantly rig trade in its favor advance the core conservative goal of making markets more efficient?
I think markets are mechanisms that determine prices that are necessary for mass heterogenous populations, and markets do generate levels of technological innovation and productivity that is crucial. But when unregulated, they often generate levels of vast inequality and ugly isolation that makes it difficult for people to relate and connect with one another.
A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business.
If there is technological advance without social advance, there is, almost automatically, an increase in human misery.
I love free trade. I love the concept of free trade. Everything about it is good. I went to the Wharton School of Finance. They say, Let's go free trade.
Hillary Clinton's position on policy on markets and trade is very plain, which is we'll do trade deals but only if they meet three criteria, increase American jobs and wages and are they good for national security. If they are and if we can enforce them, then trade deals are okay. If not, we can't embrace them.
I believe in free markets. I believe in free trade. I believe in creating the conditions that will allow that to happen. And if we do that, American companies are going to be pretty darn competitive.
Colombia was a big wheat producer in the 1950's. That was eliminated by what sounds like a nice plan, called "Food for Peace. " It's a plan by which US taxpayers subsidized US agribusiness to send food to poor countries. This, of course, destroyed the domestic agricultural markets of these countries, opening these markets to US agribusiness.
The problem is you cannot have free global trade with highly restrictive, regulated domestic markets.
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