The Free Trade Case
By Arnold Kling
Brink Lindsey offers “one-stop shopping” for a list of common complaints about trade and outsourcing and their refutations. One excerpt:
Again and again, serious and influential voices have raised the cry that the sky is falling. It never does. The root of their error is always the same: confusing a temporary, cyclical downturn with a permanent reduction in the economy’s job-creating capacity.
UPDATE: Daniel Drezner has another article summarizing the case for free trade and against anti-outsourcing hysteria.
For Discussion. The composition of jobs can change due to trade patterns, technological change, and other factors. Does the pace of change slacken during a boom and pick up during a recession?