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Re: a consistent position?

Jan Kregel's C-FEPS Working Paper addresses this issue. It can be found at:

http://www.cfeps.org/public/UNKregelWP6.htm

Warren wrote:

Henry,

Not to forget that 'comparative advantage' assumes full employment.
When govts utilize 'unemployment fiscal policy' labor is victimized
by the race to the bottom you mentioned.

w
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