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 />
Free trade means the ability of producers to exchange their wares<br />
with anyone on the globe for other goods without some govern-<br />
ment standing in the way of some of those exchanges due to the<br />
country of origin of the goods involved. It requires no more laws<br />
or institutions than are necessary to provide standard protection of<br />
the property rights of all involved in the exchange. It is the appli-<br />
cation of laissez faire across international borders: nothing more,<br />
nothing less.<br />
Multivolume documents paying lip service to free trade but for-<br />
bidding transactions by parties whose competitive advantages are<br />
considered by some to be unfair are the antithesis of free trade no<br />
matter how many times the words free trade appear in their pages.<br />
That managed trade proponents hide the nature of their policy pref-<br />
erences under the cloak of free trade reveals their utter shameless-<br />
ness. It also suggests that the free trade side is winning the battle<br />
of ideas.