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Archive for free trade

Mar
06

Free Trade Now!

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This entry is part 6 of 22 in the series Great Libertarian Memes

This article is #6 of a weekly series highlighting the former memes of Bureaucrash, an organization once headed by my friends Pete Eyre and Jason Talley of the Motorhome Diaries. The memes were originally authored by Pete Eyre and Anja Hartleb-Parson, and were intended as means of communicating ideas about liberty in catchy and succinct ways.

Free trade exists when governments do not interfere with commercial transactions between individuals domestically and internationally. Free trade makes America and the world better off. The Institute for International Economics has calculated that completely liberalizing trade would add $500 billion, or $5,000 per household, to U.S. annual income. And, the World Bank has estimated that reducing trade restrictions would add an additional $350 billion in income for developing countries and $170 billion in income for developed countries by 2015.

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