Free Market
Author:
Clifford F. Thies
Online Publish Date:
The Free Market 24, no. 5 (May 2004) That some factors of production are mobile, says the new protectionist, “proves” that free trade is not as attractive as (supposedly) David Ricardo argued. But factor mobility is not new. It has long been accepted by economists that either goods or people (and other factors of production) move. Indeed, part