Quotes of the Day: The Case for Free Trade
The general case for freedom in international exchange is like the case against putting sand in the gears of a machine.
~C. Lowell Harriss, professor of economics at Columbia University, writing in 1953
The economic case for Free Trade is quite the same as the case for technological progress. Both increase the output of useful goods and services that a country can get from its labor and resources. In particular, Free Trade, like improved transportation, promotes interregional specialization and increases through trade the results that a country gets from its productive powers.
~Auburn University economist Leland Yeager