Jesse's Café Américain

"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870

Showing posts with label hugo salinas-price. Show all posts
Showing posts with label hugo salinas-price. Show all posts
14 April 2012

Joseph Stiglitz: Is Mercantilism Doomed to Fail? And With It the US Dollar?

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This is Joe Stiglitz' presentation at the INET conference in Berlin last week. He speaks about mercantilism, and I added the tagline ...
11 August 2011

The Great Flaw in the Free Trade Theory And Other Vain Beliefs, Hoaxes, and Follies

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There are several economic models and political memes that rely on an underlying belief in the natural efficiency and goodness of 'fre...
27 January 2011

The World Is Waiting For The Sunrise: A Practical Guide to the Re-Monetization of Silver

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Here is an excerpt from a longer discussion presented by my friend Hugo Salinas-Price in London today. Although the proper title of the p...
13 September 2010

The Marriage of Mercantilism and Corporatism: When Free Trade Is Not 'Free'

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"The consequences of this policy are also stark and simple: in effect, China is taxing imports while subsidizing exports, feeding a hug...
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