Chapter 9

Chapter 9

by Grayson Kenner -
Number of replies: 2
  1. Bob Murphy's argument regarding America's current trade deficit is that having a trade deficit is not always a bad thing but depends on the situation. He basically claims that having mainly exports or imports does not matter but the free market does because it will even itself out to economic prosperity. 
  2. Deut. 15:6, God promises His blessing to Israel, just like we should be using what we have to help support other people. 
In reply to Grayson Kenner

Re: Chapter 9

by Josiah Smith -
Exactly right. Bob is all about the free market mattering more than direction of trade in the context talked about in the video.
In reply to Grayson Kenner

Re: Chapter 9

by Mason Goeglein -
I agree, the country should not alone be responsible for blessing others, we can and should do that too.
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