Breaking down trade barriers increases not only economic competition, it increases economic cooperation – as I explain in my latest column for AIER (which is excerpted, with very slight modifications, from my new paper published by the Institute of Economic Affairs). Here’s my conclusion:
And the greater is the number of persons participating in the trading network of which you are a part, the greater is the amount of human creativity, skill, information, and effort that you tap into daily. Those who oppose free trade, therefore, oppose your freedom to cooperate to maximum mutual effect with your fellow human beings. Opponents of free trade wish to prevent you and your fellow human beings from rendering to, and receiving from, each other the greatest possible amount of mutual assistance at improving your lives.