Friday, September 23, 2016

Free to Choose Global Trade

The two main candidates for USA president both have it wrong.  Trade is good for us.  I'm pro-trade.  Even Nobel-prize winning economist Milton Friedman said:

"The social and moral issues are all on the side of free trade. And it is you, and people like you [a union official that challenged him on his bid to eliminate all tariffs over five years], who introduce protection who are the ones who are violating fundamental moral and social issues."

It's worthy of a look at Milton Friedman's Morals.  And see what else a bad trade deal can do to our global economy.

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