Once synonymous with prosperity, free trade today is commonly seen as a “utopian evil”, drawing political heat and mounting backlash. Based on the Theory of Comparative Advantage as advocated by David Ricardo, it was considered a philosophical accomplishment of the 18th and 19th centuries. 1,758 more words
Tags » Free-market Economy
Fran O’ is willing Labour and National not to sell the country for power — Whale Oil Beef Hooked | Whaleoil Media
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New Zealand’s free market economy is what is really at stake in the post-election negotiations to form the new Government. The extent of NZ’s openness to the world, immigration and trade have all been on the negotiating table in Wellington this week.
Margaret Thatcher, in my opinion, was one of the greatest leaders in Western society in the last century. She was known as the “Iron Lady” and probably had as many detractors as she did supporters. 423 more words