Free Trade Is Elites Betraying Their Own Populations

The odd thing about free trade is that it is both meaningless and vastly important. Comparative advantage, which is supposed to be a straight win for both trading partners, is a rounding error even when it works–if you don’t have full employment; it’s essentially meaningless. However, the ways in which free trade (and the free … Continue reading Free Trade Is Elites Betraying Their Own Populations