youssef on Farcaster

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https://warpcast.com/~/channel/politics

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Maretus pfp

I wonder why Trump didn’t just appoint Bernie as his VP? They have the same understanding of trade, which is to say, they don’t understand it at all.

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Ran Domero pfp

@randomerror.eth

this whole line of thought that trade was free and somehow the current admin closed them off is more than misunderstood. if you throw a jab, let it be good.

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Maretus pfp

It was more free than it is now. Never in my life did i think the US would embrace Soviet style central planning.

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Ran Domero pfp

@randomerror.eth

if doors to exit a theatre are open and doors to enter are closed you wouldn't say the theatre is 'more open' or 'kind of open'. trade that's not free on both side is not 'more free'. don't be disingenuous. if you jab let it be good.

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Maretus pfp

You don’t need an analogy for this. It costs more to trade with the rest of the world today than 2 months ago. IE less free trade.

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Ran Domero pfp

@randomerror.eth

that's not what free trade is and that's what i mean by being disingenuous or simply misunderstood hopefully the latter

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Maretus pfp

Free trade is about reducing barriers to trade - not increasing them, which is what we’re doing. We can’t control other countries policy, except through coercion of our own people. You could make the argument that we’re just trying to get other countries to reduce tariffs but we’ve gone after countries who have no tariffs against us. Countries where we also have a trade surplus. And hardly any of these countries have universal tariffs - but instead have tariffs on particular industries. There is less free trade today than there was 2 months ago. Full stop.

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Ran Domero pfp

@randomerror.eth

the trade 2 months ago wasn't free if you can't grasp why, that's where the analogy might've helped more specifically: george, mises and friedman don't think free trade is a spectrum, they think it's a binary. so the 'more free' thing doesn't apply to them. rothbard wasn't pro retaliatory tariffs but also didn't really fit in the 'free trade spectrum' camp afaik robinson wasn't even pro-free trade so, not sure what she doing n this iamge (not too familiar with her work tho) i personally don't think smith and keynes would've called the pre US tariff era 'free trade' even if they believed in spectrums looking at what you posted here, regardless of what i agree and not, i think only krugman and marx would agree with you --- secondly, the hypothetical argument you make is on the right track but your counterpoints are low effort and surface level -- they don't consider that those were done for second order impacts on the primary argument you put forth yourself

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youssef pfp

not sure where you get the idea that friedman doesn’t “think free trade is a spectrum” when it comes to actual trade policy (not just the theory), he understood that a government can only control its own policies and would consider a market where country A has no tariffs on country B (that has them) to be “freer” than one where both have restrictions meme stands https://youtu.be/fkHdq_2EUk4?si=GFJnOmS4zIVp9sdg

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@randomerror.eth

this video doesn’t opine on “freer” he’s saying he’s not for reciprocals and i didn’t say he was this notion that we had free trade and now we don’t just isn’t the case 🌎🔫🧑‍🚀🔫🧑‍🚀 move the goal posts all you want for a meme side note: many assumptions he mentions have changed and things didn’t go that way he anticipates here. would’ve been interesting to see how he feels about it now.

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youssef pfp

I didn't say trade was free before, but neither did the meme, it said that free trade was good and made fun of two people broadly hostile to free trade then you talked about how trade was never free, and OP said it was freer, which is a fair response to your already unrelated point about the meme if anything you either misunderstood a meme, or created a goalpost where there were none side note to your side note: yes, it's a weird thing to try to actualize these people to today's world, but you did; if I had to bet I'd say he'd feel something somewhat similar to Sowell https://www.youtube.com/watch?v=q9LYO_qFLeE

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