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Myths and Fallacies

Mercantilist Myths Never Die

Tweet Gary Morgan, a loyal Cafe Hayek patron, suggests that I reprise this ten-year-plus-old post: Paul Krugman circa 1996 understood the point of this letter (below) that I sent yesterday to the New York Times.  Paul Krugman circa 2007 apparently doesn’t: Opposed to free trade, David Raines asks “How can it be good for workers

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