Saturday, January 30, 2021

More free trade, lesser the threat to national security?

Came across this exhaustive piece by Scott Lincicome on the importance of free markets, more trade and less national security nationalism!

Writing in Cato's blog, Scott in Manufactured Crisis:Deindustrialization, Free Markets, and National Security argues against being insular, inward looking and anti-free trade.He decries the use of the "national security" exception as an industrial strategy.

An interesting part of the study is the reference to increased trade between countries leading to reduced wars.

An interesting study overall on the position that freer trade, openness on trade, lower tariffs and more engagement in world trade will boost national security and not undermine it.


No comments: