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12/27/2004 Archived Entry: "Trade Thoughts"

Posted by antle @ 10:46 PM EST [Link]

TRADE THOUGHTS: I remain a free trader, but recent research has made me more open to Paul Craig Roberts' argument that the international mobility of factors of production undermines the idea of comparative advantage upon which free trade theory is based. Bob Murphy has a nice piece over at Mises.org making the case against free trade revisionism and for the overall benefits of globalization.