Tim Worstall

It is all obvious or trivial except…

 

 

Timmy Elsewhere

October 27th, 2007 · 2 Comments

At the ASI. A question about trade and compensation to those who lose from freer trade.

It’s a serious question BTW. I really don’t know whether I’ve missed something important there or not.

Tags: Timmy Elsewhere

2 responses so far ↓

  • 1 Jim Winfield // Oct 27, 2007 at 3:32 pm

    There might be the overall tax benefit from having a factory working rather than empty - but that would accrue to only one government of the EU and not to all states. So that actually worsens the issue - one factory (and its owners, workers, local area), subsidised by all states to the benefit of one only.
    Nope, on balance get rid of all subsidies and tariffs.

  • 2 Tom Fuller // Oct 28, 2007 at 8:38 am

    An awkward question and I don’t have the answer, although I think the assumption is that barriers are all ancient relics that enlightened policy will clear away. What I actually want to know is whether a comment here benefits you more than a comment on your article on the other site. Evidence of traffic and engagement would benefit either site–do you have a preference?

    Tim adds: There I think.

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