By Fred Rosen

Media Accuracy on Latin America (MALA)

January 4, 2008

[Editor's Note: For further analysis, see Dani Rodrik's post, "The NYT doesn't get it on trade."]

Margaret Thatcher once admonished her critics with the assertion that, like it or not, "there is no alternative" to free markets and free trade. The great economists, she argued, had long taught us that such trade regimes are superior to all others. The New York Times has taken the same position in its coverage of the North American Free Trade Agreement (NAFTA) and the Central American Free Trade Agreement (CAFTA). And like Thatcher, the paper's reporters invariably support this position by reference to scripture, that is, to the opinion of "most economists."

Economists have become the keepers of the hegemonic faith,...
(click here to view entire report)

RLCC: Economists fail to consider the giving-and-sharing economy. They are paid by the Plutocrats to avoid it.

Originally from Latin America News Review on January 26, 2008, 7:31pm

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  • Tom Usher

    About Tom Usher

    Employment: 2008 - present, website developer and writer. 2015 - present, insurance broker. Education: Arizona State University, Bachelor of Science in Political Science. City University of Seattle, graduate studies in Public Administration. Volunteerism: 2007 - present, president of the Real Liberal Christian Church and Christian Commons Project.
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