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Re:The lessons from America’s astonishing economic record by awesome_dude on Sunday April 16, 2023 @09:33PM (#35595879)
Whilst your comparison is problematic on the grounds that Cuba suffered from decades of economic sanctions, it still manages to do better than similar nearby economies, Haiti, Jamaica, etc.

The point I was making was that the person I was replying to was claiming that Japan's economic prosperity was due to it have a "free market" which it does not (unless you count socialism for the companies as "freedom").

Re:The lessons from America’s astonishing economic record by awesome_dude on Sunday April 16, 2023 @09:41PM (#35595940)
One other thing that should be noted about the Japanese "miracle" is the fact that, at a crucial point in time, their manufacturing got a huge cash shot from the USA, due to a need for vehicles for the Korean War.
Re:The lessons from America’s astonishing economic record by WalterBright on Sunday April 16, 2023 @09:56PM (#35596030)
The USA has given huge cash shots to many countries, and no miracle resulted. Afghanistan, for a recent example. All that foreign aid money, which does not produce any visible results.
Re:The lessons from America’s astonishing economic record by arethuza on Monday April 17, 2023 @07:12AM (#35599163)
All that money probably had very visible results in places like Dubai?
Re:The lessons from America’s astonishing economic record by WalterBright on Sunday April 16, 2023 @09:52PM (#35596007)
> suffered from decades of economic sanctions

Protecting an economy is the same thing as economic sanctions. You can't claim that one results in prosperity while the other explains economic malaise.

> which it does not

It certainly does. It wasn't a perfect free market, though, as nothing human is perfect. But it was close enough to do the job.

BTW, I wrote that it was a free market.

Re:The lessons from America’s astonishing economic record by awesome_dude on Sunday April 16, 2023 @09:56PM (#35596031)
>> suffered from decades of economic sanctions > Protecting an economy is the same thing as economic sanctions. You can't claim that one results in prosperity while the other explains economic malaise.

Uh, no.

Hard no.

> BTW, I wrote that it was a free market.

Yes, I realised it after I posted, but did not care to update what other people can see for themselves.

Re:The lessons from America’s astonishing economic record by WalterBright on Sunday April 16, 2023 @10:06PM (#35596101)
Embargo - hitting the other guy's foot with a hammer

Protectionism - hitting your own foot with a hammer

Re:The lessons from America’s astonishing economic record by arethuza on Monday April 17, 2023 @07:12AM (#35599156)
Brexit - swinging at your foot with a hammer and hitting your head.
Re:The lessons from America’s astonishing economic record by dopidopHN on Monday April 17, 2023 @01:01PM (#35603497)
How do you understand US subsidies on EV, only applying to US manufacturers?