[Download] "Does Increased International Mobility of Factors of Production Weaken the Case for Free Trade?" by The Cato Journal " Book PDF Kindle ePub Free
eBook details
- Title: Does Increased International Mobility of Factors of Production Weaken the Case for Free Trade?
- Author : The Cato Journal
- Release Date : January 01, 2004
- Genre: Politics & Current Events,Books,
- Pages : * pages
- Size : 246 KB
Description
Economist Paul Craig Roberts has recently argued, with some fanfare, that increases in the ability of factors of production to migrate internationally threaten to create conditions under which free trade no longer benefits all countries. These pronouncements are especially troubling. Roberts (unlike, say, protectionists Pat Buchanan and Lou Dobbs) is a professional economist with a genuine free-market bent to his work; his public skepticism of free trade is expressed in prestigious publications such as the New York Times; and he has formed an intellectual coalition skeptical of free trade with prominent members of Congress (most notably, Sen. Charles Schumer, D-N.Y., with whom he coauthored an op-ed in the Times). Factor Mobility, Absolute Advantage, and Comparative Advantage