Only individuals, separately or in voluntarily formed groups such as firms, trade; countries as such do not trade.
Over at Cafe Hayek, Professor Don Boudreaux has outlined an objection (or addition, really) to our recent Learn Liberty video with Peter Jaworski: War Sucks, What Is It Good For? He writes: “Countries whose peoples trade extensively with each other are less likely to go to war with each other not only because people in […]
The following post appeared on Don Boudreaux’s blog, Cafe Hayek, on December 20th, 2015. There’s been a lot of reporting recently about a new Pew Research Center report misleadingly titled “The American Middle Class Is Losing Ground” and even more misleadingly subtitled “No longer the majority and falling behind financially.” But here’s a picture of Pew’s […]
The following is an excerpt from Don Boudreaux on his blog, Cafe Hayek. Be sure to click through and read the whole post. Deirdre [McCloskey] acknowledges that a great deal of exploitation has occurred throughout history – exploitation that enriched some people and impoverished others. (Indeed, such exploitation continues to occur in various forms and degrees.) […]