Aid to Russia

Mathew Forstater forstate at levy.org
Sat Sep 5 19:05:31 PDT 1998


Thanks for the answers to the quiz. I assumed it was apparent from my comments and questions that I understood what the answers would be. I consider my comments and questions to have been ignored. Perhaps we can recast the question as follows: Brad, what's your take on the Williams-Rodney thesis, a modern statement of which can be found in Darity's AER article "A Model of Original Sin: The Rise of the West and the Lag of the Rest"? Mat

Brad De Long wrote:

We don't get much surplus out of trade with the former East Germany (at


> least not yet).
> We don't get much surplus out of trade with Nigeria (even with their oil).
> We don't get much surplus out of trade with Pakistan.
> We don't get much surplus out of trade with Vietnam.
>
> We get a lot of surplus out of trade with South Korea.
> We get a lot of surplus out of trade with France.
> We get a lot of surplus out of trade with West Germany.
>
> It is in the U.S. national interest and economic interest to have rich,
> industrialized, productive trading partners--not poor, unproductive ones.
>
> Brad DeLong



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