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
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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