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The Perils of Free Trade

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The Perils of Free Trade
Author(s)Daly, Herman E.
AbstractThe consensus among economists is that free trade based on international specialization is good, unless proven otherwise in specific cases. This article questions this consensus and argues that, as a general rule, countries should favor domestic production for domestic markets. Trade can be used when convenient, but not at the risk of environmental and societal disaster.
IssueNo
Pages50-57
ArticleAccess to Article
SourceScientific American
VolumeNo269
PubDateNovember1993
ISBN_ISSN0036-8733

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