Fair trade and free trade

Something is Missing from Britain, is it humanism. libertarianism ?

May I introduce you to Ron Paul, sadly not running over here but, I like what he's selling.

http://www.youtube.com/watch?v=sG0oFRGwZEA

http://thebestronpaulvideos.blogspot.com
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http://www.youtube.com/watch?v=kRO8m7iUlTY&...>
http://playpolitical.typepad.com/race_for_the_w...>

Russ Roberts and Don Boudreaux:

I'm a econ student from Brazil. I am very interested in Austrian Economics and so does some of my friends and classmates. Since I know you both are experts in such topic, i would like for you to try to give me an answer to a question that I have been wondering about. It all started when I read the blogpost of a economics teacher from Brazil.

http://gustibusgustibus.wordpress.com/2007/12/0...>

He (also a free-market economiist) writes in a very brief portuguese, that i shall translate now:

"If the markets work just like the austrian economists say (the most consistent hetorodoxes I know)why does the Roger Garrison model isn't widespread across the literature in the area?"


He was inspired by that story on mises.org which he put the link on his blog.

Could you help me answer such question?

It would make a really nice blog post.

Thank You

Just catching up on EconTalk, my buddy introduced me. I have a question about the "thought experiment" discussed during this podcast. Assuming, for a moment, that the tip jar idea somehow worked and the Wal-Mart employees were now making $12 instead of $9, wouldn't that mean that the Costgo employees would have to have their wages also raised? In other words, instead of driving the $9 folks out of work, wouldn't it have an inflationary effect instead?