Tags: protectionism

Arguments Against Free Trade and Comparative Advantage

July 15th, 2017
in history, macroeconomics

In response to Krugman’s awful dismissal of heterodox economics the other day (see here) Ramanan has dug up an old quote reminding us that Krugman actually got his Swedish bank prize for being a defender of the status quo. In a 1996 lecture paper Krugman lays out a propaganda plan so that economists can argue in favour of free trade. more »












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