Friday, December 9, 2016

A long and very good exposition of the benefits and costs of free trade

Gwynn Guilford explains why the conventional wisdom about free trade is wrong. “Starting with Ronald Reagan, American presidents of both parties have oversimplified and overemphasized the benefits of free trade… That lapse has now invited a populist demagogue into the White House. Trump has correctly identified a problem. But by focusing only on free trade deals he risks repeating the very mistakes that conjured him forth in the first place.” Read more here.

From qz.com.

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