Monday, Jan 26, 2009
Why politicians are suckers for protectionism
MoneyWeek: Why politicians are suckers for protectionism
Politicians are trying to appear decisive by pushing protectionist policies, in a misguided attempt to protect domestic markets. But shutting down global trade will only make the financial crisis worse...
Posted by damien @ 11:15 AM (322 views) Add Comment
3 Comments
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1. whiteknight said...
Does anyone else feel like:
"please can someone just put me on hold and wake me when somebody is prepared to try a new route or set of ideas that haven't been tested many times before in the last 100 years. Political and economic."
Maybe with words like "unprecedented" being thrown about - people do feel its all new and exciting?
or is it just me?
I am prepared for it to be just me.
2. techieman said...
WK - might be you but aint me. One man's posion another man's meat.
3. plato said...
WK :-"please can someone just put me on hold and wake me when somebody is prepared to try a new route or set of ideas that haven't been tested many times before in the last 100 years. Political and economic."
What you describe requires a great imaginative gift combined with scientific genius (a unique occurrence and always temporary) This then requires recognition and activation to take effect. Otherwise repetition is continued as is in man's character,providing opportunities for winners and losers,which is what life is all about.