Monthly Archives: December 2016

As I understand it, free trade ideology became prominent in a world where the most obvious barriers to the realization of comparative advantages were between not within borders.  Since then, income taxes and labor market regulation have become the most substantial sources of government interventionism.  Why do many economists find it obvious that tariffs would signal economic calamity, even if they are accompanied by broad, within border liberalization?  To put it another way, why do so many economists fiercely argue against taxes between countries while ignoring, or even cheering, taxes between people?