Highlights from "The Case for Free Trade"
By David Henderson
Earlier this month, I gave a talk at Boise State University titled “The Case for Free Trade.” Here’s the video and what follows are the highlights, with the approximate time at which they occurred.
10:00: Every law is violent.
12:00: Gains from exchange.
14:00: My famous Rita’s Friendly Oasis.
19:10: Comparative advantage.
20:30: Babe Ruth.
21:40: McCartney and Starr.
22:25: Dikembe Mutombo.
23:30: Nothing magic about borders.
24:20: Donald Trump–corn for cars.
27:50: Don Boudreaux: If real wars were like trade wars.
29:10: Trade and technology are similar.
31:30: Manufacturing jobs vs. output.
33:20: Middle class is disappearing upward.
34:40: Examples of what I get from international trade.
36:10: My Bastiat joke (which I got from the late William Breit.)
36:40: Tariffs and blowing up railroads.
37:20: Reagan’s analogy: shooting hole in boat.
37:50: Joan Robinson: boulders in harbor.
38:10: Henry George.
39:05: Bastiat’s petition of the candlemakers.
40:00: Does trade increase or decrease jobs?
44:00: Buy American?
46:00: Sugar import quotas.
51:00: Senator Robert Byrd.
52:30: Idaho Senator Larry Craig and Micron.
54:30: Trade deficit.
56:30: Where does the trade deficit go?
58:10: Michael Dukakis’s flub during 1988 election.
59:20: Trade promotes peace.
1:00:20: When goods don’t cross borders, armies will.
1:01:30: Doubling of trade leads to 20% decline in belligerence.
1:03:00: My Dutch Uncle advice to undergrads and high-schoolers.
A couple of minutes as about 400 students leave auditorium after end of speech.
1:08:50: First question, about government and identity.
1:11:00: Are free trade deals necessary?
1:12:00: China-U.S. trade war.
1:15:30: Is economists’ case for trade glib? The Autor evidence.
1:18:20: My free trade economist friend’s questions to steelworkers in their 50s.
1:20:00: Doritos and money.
1:21:45: Infant industry argument and The Myth of MITI.
1:24:50: Isn’t the U.S. economy strong?
1:26:50: Ben Olson: corrupt government selling resources.
1:29:10: China stealing intellectual property.
1:32:45: The role of gold in people’s financial portfolio.
1:34:00: Sergio: Child labor and tradeoff between material and spiritual.
1:39:30: Linda Symms: Trade sanctions on Iran and people are smarter than cats.
1:41:45: The philosophical case against patents and copyrights.
UPDATE: Colin Fraizer, in a comment below, has graciously supplied a link that gives hot links for each of the highlights.