Reason.com - Free Minds and Free Markets

Your Economic Model Is SO Five Minutes Ago

Julian Sanchez | 2.22.2006 5:46 PM


Russell Roberts at Cafe Hayek makes the excellent point that it's a bit odd that protectionists deride the theory of comparative advantage as obsolete because David Ricardo is, like, totally old but seem to have no problem with the still-mustier tradition of freaking out over trade deficits.

Julian Sanchez is a contributing editor at Reason.