Quotation of the Day…

by Don Boudreaux on December 5, 2019

in Seen and Unseen, Trade

… is from page 195 of Steven Landsburg’s 2009 book, The Big Questions:

Princeton Professor Alan Blinder has recently estimated that 30 to 40 million Americans face the prospect of losing their jobs to lower-paid foreign competitors. Or in other words, all Americans face the prospect of lower prices for the output of 30 to 40 million workers. That’s good, though of course 60 to 80 million would be better.


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