Thursday, January 27, 2005

Dynamist Blog: Competition's Fruits

To be fair, the NYT also has very good economics reporting (when it's not Larry Rother). Virginia Postrel writes about what happened in Canada when tariffs were removed and a free trade agreement was signed. Yes, jobs were lost. Yes, a lot. But there were plenty of gains. Society has to decide what it wants, and these choices are hard, but it's horrible when people have to make those choices without the adequate information.

This link is to her blog post.


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