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

Posted By Don Boudreaux On In Myths and Fallacies,Trade,Video | Comments Disabled

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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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