Economic Illiteracy

From: C
Sent: Thursday, December 14, 2017 11:45 AM
To: [email protected]
Subject: Economists Warn of Trump Trade War
Dr. Block, Here is a recent interview with Alan Tonelson. Please let me know what you think:

Dear C:
I didn’t have the patience to listen to this protectionist. Alan Tonelson is a Research Fellow at the U.S. Business and Industry Council, a supporter of tariffs and an opponent of free trade. Instead, I just skimmed this essay of his:

https://harpers.org/archive/2010/01/up-from-globalism/3/

All I can say is that this man’s acquaintance with the doctrine of comparative advantage is greatly wanting. I regard him as an economic illiterate, at least on this subject.

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12:48 pm on December 21, 2017