Robert Kuttner Quotes
We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U.S. industry and ratchet down wages, in the name of free trade.
Kuttner, Robert. The End of Laissez-Faire: National Purpose and the Global Economy After the Cold War. Alfred A. Knopf, 1991.
At that period of American History, the Republicans supported high tariffs and protectionism for American companies and it was the Democrats who were the advocates of free trade. Later each of the parties would flip flop their positions and then say that they were advocating their traditional principles.
Turgot was one of the most advanced economic thinkers in Europe and realized, even before most of the Americans, that by freeing itself England, that the Americans would be forced to become free traders and that in turn would make America a major Economic power despite the fact that American economic policy over the years vacillated between protectionism and free trade.
Robert L. Kuttner is an American journalist and writer whose works present a liberal/progressive point of view. Kuttner is the co-founder and current co-editor of The American Prospect, which was created in 1990 as an "authoritative magazine of liberal ideas," according to its mission statement. He was a 20-year columnist for Business Week and The Boston Globe.