The Choice

This is just some of my thoughts on reading Russell D. Roberts book "The Choice". Mr. Roberts makes a very valid argument for free trade. The book is interesting because it counters all the arguments that Japan is going to take over the US. Free trade does make sense, from the point that everybody manufactures what they do best and in the end the consumers benefit. Now, the question is why do so many companies …

…wealth, and a more dynamic world. But a more dynamic world does not benefit everyone. Free trade hurts some people. But so does protectionism. If a group of Americans do not compete well in the global market place because their skills are readily available around the globe, how should America respond? By protecting them and insulating them from the competition they face, or by encouraging them and their children to improve their skills? You Judge.