Milton Friedman on Exports as What Is Given Up (as a Means of Getting More Imports)

by Don Boudreaux on August 16, 2019

in Myths and Fallacies, Trade, Video

Mark Perry reminds me of these two videos of Milton Friedman explaining, with an eloquence and concision that I can only admire and not match, why exports are costs or, better stated, what we give up.


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