Freedom to Trade: Refuting the New Protectionism by Edward L. Hudgins
English | Dec. 1997 | ISBN: 1882577574 | 96 Pages | PDF | 33 MB
Free trade against protectionism is one of those few issues over which economists have reached consensus. Free trade attracts the vote of the very large majority of economists, whereas protectionism typically attracts the support only of those who are paid mouthpieces for the special interests. Yet this remarkable consensus belies the facts of the international trade reality. The guns of the economists, like the French guns of the Maginot Line, appear to point in the wrong direction. International trade is highly regulated; and protectionism dominates free trade despite the cogent economic arguments against it.