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:
“Through Plato Aristotle came to believe in God, but Plato never attempted to prove His reality. Aristotle had to do so. Plato contemplated Him; Aristotle produced arguments to demonstrate Him. Plato never defined Him, but Aristotle thought God through logically and concluded with entire satisfaction to himself that He was the Unmoved Mover.”
—Edith Hamilton (1867–1963)
“African rights and liberty is a subject that ought to fire the breast of every free man of color in these United States, and excite in his bosom a lively, deep, decided and heart-felt interest.”
—Maria Stewart (1803–1879)
“The very hirelings of the press, whose trade it is to buoy up the spirits of the people ... have uttered falsehoods so long, they have played off so many tricks, that their budget seems, at last, to be quite empty.”
—William Cobbett (1762–1835)