Abstract

Unfree Trade
Hilgart, Art | November 22, 1993 issue

add to cart   close window

More than 300 economists have endorsed the North American Free Trade Agreement(NAFTA). Harvard isn't about to hire Mexican economists for 60 cents an hour either. Economics teachers are insulated from the realities ordinary workers face. Even if their textbooks are printed in Indonesia for a buck and a half, the publishers can still make students pay up to 60 bucks a copy. Of course, economists give lofty reasons for supporting NAFTA. But the arguments are all based on the eighteenth-century principle that if goods are produced where relative costs are lowest, prices everywhere will be at a minimum relative to wages and everyone will produce and consume more.

See Also:

FREE trade; NORTH American Free Trade Agreement (NAFTA); ECONOMISTS; COMMERCIAL policy; INTERNATIONAL trade; INDONESIA
ARCHIVE HOME
Pricing
Articles are sold in 'packs,' which are priced as follows:

1 for 2.95
4 for 9.95
10 for 19.95
50 for 34.95
300 for 149.95
Refund Policy
Sales of archive individual articles, full issues or article packs are final and no refunds will be issued.
Access for libraries
help
Search
Browse
Sample Article

In Your Cart

Your cart is empty.

My Articles

You must be logged in to view your articles.

User name

Password

I don't have a login.

I forgot my user name/password.
Advertisement
Advertisement

Blogs

» The Beat

Another Helping of FDR Please | Obama should follow the New Deal president's example and make his Thanksgiving Proclamation a call for economic justice.
John Nichols
49 Comments

» Editor's Cut

Filibuster Follies | "The filibuster has become a cancer growing inside the world's greatest deliberative body."
Katrina vanden Heuvel
85 Comments

» The Notion

Bad Black Mothers | For African American women, reproduction has never been an entirely private matter.
Melissa Harris-Lacewell
95 Comments

» Act Now!

Coal Country | Stunning film reveals new dimensions to the cost of America's over-reliance on coal.
Peter Rothberg
107 Comments

» The Dreyfuss Report

A Kingdom of Bicycles No Longer | China's ambassador for climate change speaks on the eve of the Copenhagen summit meeting.
Robert Dreyfuss
59 Comments