Pop Economists Fueling Popular Economic Myths

by Don Boudreaux on October 10, 2012

in Balance of Payments, Myths and Fallacies, Seen and Unseen, Trade

In my latest column in the Pittsburgh Tribune-Review, 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.)