Basic Arguments Against Free Trade [truediltom] |
Description: Here is going to be one of my biggest deviations from my libertarian roots, but it was highly requested I talked about this! Today we are looking at basic arguments against Ricardo's Principle of Comparative Advantage as something that can be assumed universally as well as some historical examples. This is only the tip of the iceberg as well, I neglected price controls, economic protectionism as an act of power and etc. Sources: https://goo.gl/9tVtxd https://socialdemocracy21stcentury.blogspot.com/2016/07/the-cult-of-free-trade-in-nutshell.html?m=1 https://www.independent.co.uk/news/business/comment/hajoon-chang-protectionism-the-truth-is-on-a-10-bill-5334137.html https://www.investopedia.com/terms/c/comparativeadvantage.asp https://founders.archives.gov/documents/Hamilton/01-10-02-0001-0007 http://www.personal.ceu.hu/corliss/CDST_Course_Site/Readings_old_2012_files/Ha-Joon%20Chang%20-%20Kicking%20Away%20the%20Ladder-The%20%E2%80%9CReal%E2%80%9D%20History%20of%20Free%20Trade.pdf https://books.google.com.au/books?id=cTlJAAAAYAAJ&printsec=frontcover&source=gbs_ge_summary_r&redir_esc=y#v=onepage&q&f=false https://reactionaryfuture.wordpress.com/2016/07/01/libertarianism-as-a-foundation-created-entity-predicted-by-power-above-culture/ 
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