Milton Friedman on the So-called ‘Balance of Trade’

by Don Boudreaux on January 30, 2018

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

I thank Jerry DeNigris for alerting me to this short video in which Milton Friedman debunks some myths about protectionism generally and about the so-called “trade deficit” specifically.

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