True Free Trade Is Still True

Fred Foldvary

American Journal of Economics and Sociology, 2020, vol. 79, issue 1, 73-86

Abstract: Protection or Free Trade (1886) by Henry George remains the classic argument for complete free trade. The arguments against free trade were either anticipated and refuted by George, or they are unanticipated arguments that claim changed or overlooked circumstances have altered the case for free trade. This article refutes these unanticipated arguments by restating the classic economic case for free trade, analyzing counterarguments to free trade, and examining the continuing relevance of George’s theory of the distribution of the benefits of free trade.

Date: 2020
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