Post Tagged with: "commerce"

What Would Adam Smith Say About Fast Track?

What Would Adam Smith Say About Fast Track?

Can there be any doubt why the framers of the U.S. Constitution, all very much aware and influenced by the work of Smith, incorporated into our nation’s foundational document the requirement that treaties be ratified by a two-thirds vote in the Senate to ensure that the nation’s interest is protected? In the weeks ahead, Congress is likely to be considering a proposal that would change this ratification requirement called trade promotion authority or fast track.

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