October 16, 2016
Trade & Jobs Myths Busted in About Two Minutes
by Don Boudreaux
GMU Econ alum Tyler Watts produced this marvelous short video that very effectively busts the myth that freer trade has led to a permanent decline in American employment as well as to real-wage reductions. This myth, of course, is peddled by people from all across the political spectrum (other than libertarians). Tyler’s video shows that the likes of Donald Trump and Bernie Sanders are utterly ignorant of a reality about which they bellow most confidently.
I saw Tyler this weekend in Atlanta at Hillsdale College’s 10th annual Free Market Forum. At that Forum I was on a panel with Alfred Eckes and Ian Fletcher (the latter of whom I’ve engaged with in several earlier Cafe Hayek posts). I will soon blog more about that panel.
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