Free Trade Is No Longer a No-Brainer

By Noah Smith – It’s an old truism that economists can never agree on anything. But if you ask economists about this embarrassing fact, they will often point out that on one issue, the profession is in almost complete agreement.

Interestingly, free trade is also one of the issues where economists most vehemently disagree with the general public.

Economists are also questioning free trade from another angle. We’ve known since the time of David Ricardo [2, 3, 4] that even if free trade makes a country richer overall, many of the people within that country can be left worse off. more>


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