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The Snarky Report

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02/25/2018

Trade

Making the Case for Free Trade

Tweet Here’s a letter to an economics graduate student who asked to remain anonymous: Mr. T: You accuse me of “doing a disservice” to you and other of my fellow economists by “over-simplifying our theoretical understanding of trade.”  You insist that the “exceptions shown by theory to [the case for] free trade should not be

A Note on Protectionists

Tweet Arguing with a protectionist is like arguing with a man who is almost totally blind but who believes himself to have unusually superior vision.  This sad and unfortunate creature sees only a handful of large, bright images that dance immediately in front of his nose and yet he is convinced to his marrow that

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