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LET FREE TRADE REIGN
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Contributor | CBlock941 |
Last Edited | CBlock941 Sep 20, 2005 01:11pm |
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Category | Analysis |
News Date | Tuesday, September 20, 2005 07:10:00 PM UTC0:0 |
Description | Protectionists often make headlines by denouncing free trade agreements as bad for America. But economists, dating back to David Hume in 1752, have understood the benefits of free and open trade to society as a whole, particularly consumers.
Economists James Lagenfeld and James Nieberding calculated the implied effect of increased trade on U.S. consumers' income per household and discovered... |
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