Thursday, April 10, 2008
Answer of the Day
If economists are so convinced of the benefits of free trade, why aren't American voters?
The answer, of course, is that those combined benefits are not necessarily felt by individuals. Instead, what many Americans, including US business owners, notice is that trade with other countries can make them poorer.
—John Mervin reporting in "Free trade and the US election"
Why, yes. I have been noticing that. But some Americans must have received the benefit or it wouldn't be allowed to continue. I wonder who.