Re:House passes bill to force TikTok sale from Chinese owner...
by zone411 on Wednesday March 13, 2024 @12:44PM
(#39693848)
A simplistic economic model that overlooks hundreds of important factors may provide a basic Econ 101 understanding but it does not reflect how the world truly operates and proves nothing.
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Re:House passes bill to force TikTok sale from Chinese owner...
by contrarian1234 on Wednesday March 13, 2024 @12:49PM
(#39693926)
Sure it's a simple model. But the burden of proof lies with the person claiming that free trade needs to be bilateral. That's not some inherent property of it, or something immediately obvious. A basic look at it past "It's not faaiiiiiir" actually shows quite the opposite