stuckinbathroom
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User ID: 903
stuckinbathroom
25d ago
It’s a mercantilist take; as far as I know, the Austrian school has nothing against trade deficits and indeed would support even unilateral free trade.
stuckinbathroom
25d ago
lol, the sigh was intended in resignation, something like “Indeed, it really has been around for a long time: at least 12 years! And wouldn’t you know it, things are no better than they were back then”, rather than an exasperated “lurk moar scrub”
stuckinbathroom
26d ago
sigh Scott covered it in 2013 no less
stuckinbathroom
29d ago
(dowry is a negative bride-price)
Yes and no; it is an expense paid by the bride’s family, but it’s not necessarily given to the groom. In some cultures, the wife retains ownership of her dowry upon marriage, as a form of insurance against her husband’s death, infirmity, abuse, or other inability to provide for her.
Depending on how you define “neoliberal”, not necessarily! As always the devil is in the details—I’m sure some self-described neoliberals would advocate for a measure of protectionism in industries relevant to defense and national security, for instance—but one plausible neoliberal response to a foreign country engaging in so-called anti-competitive trade practices (e.g. dumping) would be “Keep the goods flowing; why should we say no to their foreign aid?”
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