October 6, 2016
Free Trade: Principles, Myths, Prospects
Donald J. Boudreaux
Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
While the United States has a 70-year history of free trade, not everyone agrees that the benefits outweigh the costs. The debate on free trade has been brought to center stage with the Trans-Pacific Partnership Agreement, a watershed moment which will decide where the US and major countries around the world go next with trade.
On October 6, the Mercatus Center hosted a Capitol Hill discussion on Congress and the Trans-Pacific Partnership Agreement. Among the topics covered were free trade's effects on manufacturing, whether or not trade deficits matter, and the effects of NAFTA and other agreements like it.
Economics in Many Lessons: Does Free Trade Have Losers?
Donald J. Boudreaux