I am convinced that both markets and free trade are good, but the traditional answer that we give to students to explain why they are good, the one based on perfect competition and Pareto optimality, is becoming untenable. Something much more interesting and more complicated is going on here
There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time.
Works of art are not so much finished as abandoned. Perhaps poems can be perfect. A short-short story might even be perfectible, as effective and enjoyable for one reader as the next. But novels and other book-length narratives are great rambling things that always contain some flaws. For works of any length, there comes a point when your continued tinkering won't improve the whole, but will just trade one set of problems for another.
I won't trade humanity for patriotism.
You have to be very rich or very poor to live without a trade.
Literature is like any other trade; you will never sell anything unless you go to the right shop.
Beneficial in theory, so-called free trade agreements far too often have been detrimental to the United States economy and the manufacturing sector that forms its central pillar.
The goal is to normalize trade relations based on sound science and consumer protection.
[Donald] Trump is the only Republican candidate in the last seven cycles to understand all three legs of the foreign policy stool - the three crucial elements of our foreign policy, what they need to be - and they are trade, war, and immigration.
Some of my friends who know me best say they wouldn't trade places with me for $1 million because of the pace I lead.
We have to renegotiate our trade deals.
From 1947 to 2001, the American economy grew annually at a rate of 3. 5 percent. After China got into the World Trade Organization, got access to our markets and flooded our markets with its illegally subsidized exports, we grew at a rate of 1. 8 percent from 2002 to 2015. That's almost cut in half.
When it comes to disputes before the World Trade Organization, we generally win.
In the U. S. the powerful critics of austerity such as Paul Krugman and Robert Reich rightly identify the decline of 'labor' as a problem, and renewing trade unionism part of the solution. Our opportunity is to make the same case in the UK.
[Donald Trump] will try to renegotiate the trade deals a little bit.
In a thousand words I can have the Lord's Prayer, the 23rd Psalm, the Hippocratic Oath, a sonnet by Shakespeare, the Preamble to the Constitution, Lincoln's Gettysburg Address and almost all of the Boy Scout Oath. Now exactly what picture were you planning to trade for all that?
To finance this trade deficit, the U. S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
It is not without good reason, that he who has not a good memory should never take upon him the trade of lying.
The U. S. has dropped its role as the vanguard of free trade, they are looking for a new partner: the EU.
Our people need Labour party members, trade unionists and MPs to unite. As leader it is my continued commitment to dedicate our party's activity to that goal.