If only all classes were like this…

I came across this website last night while following up on some other reading.  His approach made me laugh, made sense and made it worth it sharing.  I’m buying his book on Amazon and hopefully others will take the time to read through what he has to say.  You don’t have to agree with everything he says, but the fundamentals are there and easy on the eyes.  Check out his explanation of the Trans Pacific Partnership specifically, and economics in general.

By Dan Granot

I chose the Shorter Whitman because of his work, "Song of Myself" and because of my self-deprecating sense of humor. I am under no illusion that I can write successful essays or poetry, but I have been known to write them anyway.

2 comments

  1. I’ve changed my mind on large free trade areas. I used to view them as an unalloyed good. Now I fear them. American depressions used to not affect the whole world. Chinese depressions never affected us. Now, if one area goes down hard, the depression might take the whole world down. I hate monocultures.

    Besides, the mass production benefits start seeming paltry after you get to a population area of half a trillion.

    1. I think the size of our economy coupled with the amount of American Dollars being held in reserve in foreign lands has given us too much responsibility, or impact, on other economies. Given the amount of our consumption, and our reliance on foreign manufactured imports, we will naturally have a sizable impact on the world economy, but I think it would be a great deal less if stopped these types of agreements.

      Of course, it’s hard to measure the real impact vs the perceived impact of something like a Chinese depression in the press, as they spend most of their time pretending to analyze the stock market, which is a lot like asking a two year old where it hurts. By the time the press has actually caught on to whatever real damage there was, the event is usually over.

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