Richard Epstein On Trade

by Pejman Yousefzadeh on May 29, 2011

He shreds the Obama Administration’s trade policy, and the concept of “fair trade” in general. On the narrow issue of the Obama Administration’s trade policy, again, it is worth noting just how unfortunate it is that the Administration is not using all of the tools at its disposal to help bring about economic growth. As for the concept of “fair trade,” Epstein demonstrates why it is a fraud, and how much the concept of “fair trade” has pervaded the Obama Administration’s trade policy, thus hampering trade and economic growth.

(Thanks to Don Boudreaux for the link.)

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