A Discussion of “The Economics of Fair Trade” Fair Trade is a movement to ensure producers receive higher prices for their goods, not only for coffee, but that may be the best-known example. Dragusanu, Giovannucci, and Nunn (2014) explore the Fair Trade coffee market to see if it achieves its goals:…
Tag: Free Trade
Macroeconomics
Do Economists Go Too Far Arguing for Free Trade?
A Discussion of “Deconstructing the Argument for Free Trade” “If all the economists were laid end to end, they still would not reach a conclusion.” “What happens when you get 10 economists in a room? You get 11 opinions.” Or the old story of President Truman wishing for a one-armed…