What does America First really mean and how can we best achieve it? It should mean pursuing a foreign policy—our relations with other countries—that best serves our national interest. That requires that our relations with other countries maximize our security and our ability to profitably trade with them including traveling and vacationing in them. In short, our own interest is best served by having friendly relations with our neighbors. It serves our interest for others to trust us and to interact with us on the bases of known and shared rules. Tourism in the US is one of our best exports both in terms of revenue and its contribution to mutual understanding. Sadly, these goals have been seriously damaged over this year leaving us less safe and poorer than we could have been.
I am reminded of the debate over whether companies should strive to maximize profits (shareholder value). As John Mackey, a co-founder of Whole Food, has insightfully argued, a firm’s profits are maximized (assuming the government is not protecting its monopoly) when its workers, neighborhood, and customers are treated well and kept happy with the most efficient cost possible of supplying whatever the firm supplies. We might call this the right way to serve Shareholders First. Supporting this or that charity or cause should be left to the individual shareholders, who are likely to choose to give to different causes.
Warren's space 