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Gains from Trade
I’ve been pondering a bunch of recent posts about international trade by Keith Burgess-Jackson. The posts (dated from March 11, 2009, to June 8, 2009) are at KBJ’s eponymous blog. In the posts, KBJ...
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Trade
Imagine two individuals, A and B, each of whom makes something different. Let’s say that A makes bread and B makes butter. If A wants butter for his bread, he buys some butter from B; if B wants bread...
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Points of Agreement and Reinforcement
Scott Lincicome, Don Boudreaux, and Mark Perry continue their stalwart defense of free trade (latest entries here, here, and here). The controversy revolves around the notion prevalent in “liberal”...
View ArticleRethinking Free Trade
I have long supported free trade as beneficial. But I have also long derided utilitarianism, which is the doctrinal basis for claiming that free trade is beneficial. And I have long opposed the idea of...
View ArticleRethinking Free Trade II
I ended “Rethinking Free Trade” with this: To put it bluntly but correctly, the national government exists not for the benefit of the people of the whole world or any part of it outside the United...
View ArticleRethinking Free Trade III
From Part I: Economists defend free trade and open borders because, in the aggregate, such things — in the long run — lead to greater economic efficiency and thus to greater total output (measured in...
View ArticleNot-So-Random Thoughts (XXVI)
“Not-So-Random Thoughts” is an occasional series in which I highlight writings by other commentators on varied subjects that I have addressed in the past. Other entries in the series can be found at...
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