Richard Werner

speaker

4,694 appearances 9 recordings 3 series first heard Jul 2025 last heard 22 May

Richard Werner’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 8 in all, peaking in Apr 2026 with 6.

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I wonder why they're called mercantilists, mercantile, merchant, trade.

They favor trade.

They said, let's trade.

This is where prosperity comes from, from trade.

That's what the mercantilists said.

So why are they so wrong?

Well, they're not wrong.

They were not wrong.

They actually were a step further than Ricardo.

They talked about the distribution of those benefits from trade.

They said trade can be beneficial, there will be benefits.

But who's getting those benefits?

Well, exactly.

How is that distributed?

That depends on the terms of trade, which is what Ricardo totally and on purpose left out.

I think I'm starting to understand how the world works.

And this deception has been used consistently in economics, but has been used in other disciplines.

So this is how they persuade.

This is how the Club of Rome operates.

So their model...

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