Tyler Cowen argues that most anti-trade positions are driven by xenophobia. Dani Rodrik argues that differing rule-sets (labor laws and such) are a serious source of concern. Tyler and his co-blogger Alex respond. All of those posts are worth reading.
In my mind, this is definitely not an either-or situation. I hope that before I die [...]
In some ways, I would give democracy a little bit more credit. In other ways, a little bit less.
For more credit, we could turn to Sen, his analysis of famine and democracy, and the now famous remark that ‘democracies don’t have famines.’ To some extent, this is an extension of ‘interest group politics,’ remarked on [...]
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