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Pop Economists Fueling Popular Economic Myths

Posted By Don Boudreaux On October 10, 2012 @ 1:16 pm In Balance of Payments,Myths and Fallacies,Seen and Unseen,Trade | Comments Disabled

In my latest column in the Pittsburgh Tribune-Review [1], I take aim at my favorite target: misunderstanding of the trade deficit – in this instance, a misunderstanding fed (as it so often is) by Peter Morici.  (The Morici article that inspired mine is here [2].)

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[1] my latest column in the Pittsburgh Tribune-Review: http://triblive.com/opinion/donaldboudreaux/2740507-74/dollars-public-economic-demand-foreigners-goods-services-america-americans-buy#axzz28uJCXMXE

[2] here: http://www.realclearpolitics.com/articles/2012/10/04/jobs_outlook_discouraging_115667.html

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