Related Freeman Articles
SEPTEMBER 19, 2014 by LAWRENCE W. REED
No trades are deemed as anything but "favorable" by those engaged in the trading, so how can anyone add all those trades up and arrive at something "unfavorable"?
OCTOBER 15, 2013 by JULIAN ADORNEY
Bastiat argued that free trade promotes peace. There's some research to back this up: Trading partners are less likely to fight, while protectionism stirs up conflict.
NOVEMBER 23, 2012 by MAX BORDERS
As long as it's peaceful, shop wherever you like. That includes buying local, "shopping small," or buying materials and making your own gifts. But please: don't feel guilty about holiday shopping at a big box. A lot of people are selling fallacious thinking. Events like "Shop Small Saturday" can be just another form of rent seeking.
OCTOBER 22, 2012 by ARTHUR FOULKES
Despite the bad rap it gets, free trade is the key to economic progress. Arthur Foulkes has the details.
The double inequality of value.
SEPTEMBER 07, 2012 by SHELDON RICHMAN
For an exchange to take place, the two parties must assess the items traded differently, with each party preferring what he is to receive to what he is to give up.
It's the division of labor, that is, cooperation.
AUGUST 27, 2012 by TYLER WATTS
Economics makes clear that outsourcing is not the problem; the problem is scarcity. Outsourcing is (part of) the solution.
Fear not China or any other foreign producer.
JULY 20, 2012 by SHELDON RICHMAN
There are no exports and imports. There is only what I make and what everyone else makes.
JANUARY 24, 2012
Frédéric Bastiat (1801-50): Campaigner For Free Trade, Political Economist, And Politician In A Time Of Revolution
APRIL 01, 2011
FEBRUARY 04, 2011
DECEMBER 14, 2010
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MARCH 19, 2010
SEPTEMBER 16, 2009 by WILLIAM ANDERSON
Obama imposed new tariffs to please American union members, but the lower-paid workers in our country, however, will pay the deadly price, all in the name of "social justice" and "protecting American workers."