Noah Smith asks why many economists still advocate for free trade

Smith accuses economists of being blithely callous.  But he seems unable to appreciate how narrow-minded his own “attack on economists” is, because by his notion of what is fair and just only Americans matter. Who cares what happens to the billion people in China, whose incomes by the way are one 20th those of Americans.  If you want to take fairness seriously, you can’t just assert it only matters for people who happen to live in the United States.

Why are economists so willing to declare to the world that free trade is good, even after reading papers like the one by Autor et al.?

Source: Free Trade With China Wasn’t Such a Great Idea for the U.S. – Bloomberg View

About mkevane

Economist at Santa Clara University and Director of Friends of African Village Libraries.
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