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Poll
Question: Should the United States consider returning to policies advocated in the American School of Economic Though?
#1
Yes (D)
 
#2
No (D)
 
#3
Yes (R)
 
#4
No (R)
 
#5
Yes (I/O)
 
#6
No (I/O)
 
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Partisan results

Total Voters: 24

Author Topic: The American School of Economics  (Read 4506 times)
Kaine for Senate '18
benconstine
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« on: September 05, 2009, 10:31:48 PM »

http://en.wikipedia.org/wiki/American_School_%28economics%29
http://en.wikipedia.org/wiki/American_System_%28economic_plan%29
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phk
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« Reply #1 on: September 05, 2009, 10:48:25 PM »

No.
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True Federalist (진정한 연방 주의자)
Ernest
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« Reply #2 on: September 05, 2009, 11:18:32 PM »

No.  We're not a developing economy as we were in the 19th century.
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Sensei
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« Reply #3 on: September 05, 2009, 11:58:20 PM »

What Ernest said. The playing field could not be any more different.
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Marokai Backbeat
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« Reply #4 on: September 06, 2009, 01:49:36 AM »

Some aspects of it are good, of course, but many aspects of it are also very archaic.
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k-onmmunist
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« Reply #5 on: September 06, 2009, 07:25:48 AM »

Absolutely not.
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Frodo
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« Reply #6 on: September 06, 2009, 01:27:37 PM »
« Edited: September 06, 2009, 01:45:26 PM by Nine-Fingered Frodo »

No (D) -I support free trade.  There are aspects of the ASE which I like (e.g. investments in infrastructure) but the protectionist aspect was perhaps its defining feature -and the most odious. 
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Bacon King
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« Reply #7 on: September 07, 2009, 10:25:35 AM »

The real question is, should developing economies today follow the path the United States did when it was in its stage of economic development? We pretty much force the third world to liberalize but that's not what worked for us at all.
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Ban my account ffs!
snowguy716
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« Reply #8 on: September 08, 2009, 03:28:06 AM »

I agree wholeheartedly with tenants #2 and #3, but generally disagree with tenant #1.  I agree that tariffs have a use in certain situations where the fallout of a certain industry would have much bigger negative economic consequences... (such as allowing the entire rust belt to fail into oblivion and rebuild the nation in environmentally unsound areas using very inefficient development patterns and cheap materials bound to fall apart and degrade long term economic viability... but who am I kidding... REAGAN WAS A SAVIOR!)

But generally I believe in FAIR trade... free trade among nations that respect workers' and human rights.

I also see a use for subsidies in infant industries that have trouble getting of the ground but have huge potential (like renewable energy research, agricultural research, etc.).  As I just outlined, the subsidies could be more for R&D rather than direct subsidies.
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Mint
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« Reply #9 on: August 24, 2010, 01:26:33 AM »

I agree with most of it, although I also agree with Snowguy's point that 'free trade' is OK if it's between countries that are on a fairly level playing field.
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Beet
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« Reply #10 on: August 24, 2010, 01:43:24 AM »

I would probably have been a pretty die hard Americanist in the 19th century.
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Obnoxiously Slutty Girly Girl
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« Reply #11 on: August 24, 2010, 02:01:39 AM »

Hell no to crony capitalism.
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Dr. Cynic
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« Reply #12 on: August 24, 2010, 04:21:49 AM »

I would favor it if we were still a developing nation. I'd never favor free trade outside of staunch allies.

I'd love to see a highspeed railway connecting all cities. For people like me who have a hard time flying and don't drive, high speed train travel is a blessing.
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Grumpier Than Uncle Joe
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« Reply #13 on: August 24, 2010, 09:31:15 AM »

Trade baby, trade.
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