Arguments For Free Trade
In the history of free trade, two types of arguments have been advanced in favor of allowing purchases from abroad, and free trade in the broader sense.
- One set of arguments for free trade could be classified as "moral" arguments listed below.
- Another set of arguments is essentially economic, that free trade will make society more prosperous. These are mostly technical arguments from the discipline of economics, starting especially with Smith's The Wealth of Nations, which overthrew the mercantile orthodoxy.
Read more about this topic: Free Trade Debate
Famous quotes containing the words arguments, free and/or trade:
“When I am convinced of any principle, it is only an idea which strikes more strongly upon me. When I give the preference to one set of arguments above another, I do nothing but decide from my feeling concerning the superiority of their influence.”
—David Hume (1711–1776)
“The more we reduce ourselves to machines in the lower things, the more force we shall set free to use in the higher.”
—Anna C. Brackett (1836–1911)
“...I lost myself in my work and never felt that marriage would give me the security I wanted. I thought that through the trade union movement we working women could get better conditions and security of mind.”
—Mary Anderson (1872–1964)