22.07.2013 Views

Not a Zero-Sum Game - Ludwig von Mises Institute

Not a Zero-Sum Game - Ludwig von Mises Institute

Not a Zero-Sum Game - Ludwig von Mises Institute

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

NOT A ZERO-SUM GAME<br />

tially the case for voluntary exchange in general: no one freely<br />

enters into an exchange, whether as buyer or seller, unless he<br />

expects to emerge better off as a result of that exchange. Further-<br />

more, the ability to exchange a single product one has produced<br />

for the many things one would like to consume makes possible the<br />

division of labor and the manifold expansion of production capac-<br />

ity that it permits. There is no economic reason why these gains<br />

do not apply equally to potential traders on different sides of nation-<br />

al boundaries.<br />

The political liabilities associated with free trade stem from the<br />

vigorous competition it promotes. Competitors who do not pro-<br />

vide the best deal for consumers fail. Far from sugarcoating this<br />

unwelcome fact, free trade demonstrates it in no uncertain terms.<br />

Rather than looking to improve their own shortcomings, many of<br />

the losers in the competitive process seek to derail the process.<br />

They seek to ensure that they provide customers the best deal not<br />

by improving the package they provide, but by getting the govern-<br />

ment to hamper the ability of their competitors to provide a bet-<br />

ter deal. Foreign competitors make an especially easy target for<br />

such government restrictions.<br />

Thus, government restrictions on international trade are of a piece<br />

with domestic restrictions on competition. They share the same<br />

goal: to redistribute income from the many to government's cho-<br />

sen few and to substitute its own preferred allocation of resources<br />

for that of the market. Indeed, by restricting trade with foreign-<br />

ers, governments close off an important means of mitigating the<br />

impact of their domestic restrictions. This is what John T. Flynn

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!