Re: Re: Re: Keeping focus after the WTO

[Brad De Long <delong@xxxxxxxxxxxxxxxxx>]

> Brad, if free-trade is the key to convergence among economies, why has
> the South taken so long to catch up with the northern United States, even
> with the concentrated political power of the South that gave them so much
> military spending?

It didn't take so long: 40 years after World War II. I would never
say that more economic contact--free trade--*guarantees* convergence.
But it makes it possible.

> Finally, although I rebuked Lou for the way he criticized you, he had a
> strong point of the destructive form that peripheral development takes.

Since I don't see his stuff, I can't comment.


Brad DeLong