Tuesday, April 26, 2016

On the Question of Free Trade

For more than 200 years, the question of free trade has been considered settled by economists. However, advancements in technology have considerably changed the world since David Ricardo popularized the concept of Comparative Advantage in the early 19th century, and the rise of economic populism around the world is increasingly calling long-held assumptions into question.

On the Question of Free Trade is a public debate between Dr. James D. Miller, Associate Professor of Economics at Smith College, and Vox Day, the author of The Return of the Great Depression, in which they address the vital question of whether free trade is intrinsically beneficial or detrimental to a national economy. Both participants are well-versed in economic history and economic theory, which permits them to bypass the political side issues that so often cloud such debates and focus on the core issues involved. The post-debate Q&A session is also included.

On the Question of Free Trade is 46 pages, DRM-free, and $2.99. It is available only on Amazon. Brainstorm members should have already received their free copy via email. If you are a Brainstorm member who needs to convert the .epub file to Kindle-friendly .mobi format, please download Calibre.

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Anonymous Deadlocked April 26, 2016 11:16 AM  

Stupid question...but if it's available on Amazon, wouldn't it already be delivered as a .mobi file? (I.e., wouldn't we need Calibre to convert from .mobi to .epub, not the other way around. )

Blogger VD April 26, 2016 11:23 AM  

I wasn't referring to those buying the book from Amazon, but to the Brainstorm members who received an epub.

Blogger James Higham April 26, 2016 12:51 PM  

This has been one of your themes for some time. Shall follow up.

Blogger DBSFF April 26, 2016 12:58 PM  

Was waiting for this. Already purchased.

Anonymous Deadlocked April 26, 2016 1:00 PM  

@2: I wasn't referring to those buying the book from Amazon, but to the Brainstorm members who received an epub.

Aah...I focused on the "Amazon-only" part and forgot that Brainstorm members were getting a separate copy. Thanks.

Blogger Shimshon April 26, 2016 1:16 PM  

Bought. Looking forward to an expected good read.

Blogger Thomas Davidsmeier April 26, 2016 1:18 PM  

"...please download Calibre" and prove that you're smart enough to be reading here in the first place. *snicker*

Blogger Cataline Sergius April 26, 2016 1:58 PM  

I'll get it because I have to.

I have friends that are still Free Traders but they are vulnerable to reasoned discourse.

I don't blame them. I honestly wish I was still a Free Trader myself. The world seemed brighter then.

Blogger Robert Coble April 26, 2016 1:58 PM  

"For more than 200 years, the question of free trade has been considered settled by economists."

My goodness! Doesn't "science" stay "settled" after "consensus" has been reached? Did the Supremes overturn the "settled science"? If the "science" has become "unsettled," does that have negative implications for the "settled science" of Global Cooling/Warming/Changing/Whatever?

Quick! Somebody alert the President, AG Lynch, SecState Kerry, the 16 state AGs and THE PROPHET Gore (PBUH) before they publicly make fools of themselves!

Too late! An Inconvenient Truth, indeed!


OpenID aew51183 April 26, 2016 2:02 PM  

Even in the 19th Century, the idea of "comparative advantage" was still based upon the fallacious idea that economics has a "goal" of "efficiency", when economics is supposed to be a tool to serve the interest of a nation's people.

A nation that specializes in only one, two, or three fields is going to have a LOT of miserable or unemployed people, and that's just assuming "comparative advantage" even gives you an industry your nation is good at!

Anonymous Clay April 26, 2016 2:23 PM  

I aplogize for the OT...but, I was mentioning I had a Gamo .177 pellet rifle.

I was farting around in Walmart today, and grabbed a Swiss Army air rifle, TG-1, which came with a 4X40 pellet gun scope. Shoots 1400 fps. Adjustable stock.

I sold my Gamo this afternoon.

Back to your regularly scheduled stuff.

Anonymous mature-Craig April 26, 2016 3:23 PM  

That micro-economics graph on the cover is like "look at me, look at me, I'm beautiful"

Anonymous mature-Craig April 26, 2016 3:24 PM  

oh wait maybe its more considered macro bc its Free trade

Anonymous mature-Craig April 26, 2016 3:27 PM  

good selling point with that graph, very sexy to a nerd

Anonymous Dan April 26, 2016 3:29 PM  

Just learned that Vox Day pantsed the SJWs for the second year running. The sight of pantsless SJWs problematic indeed.

Anonymous Dan April 26, 2016 3:30 PM

Anonymous Dan April 26, 2016 3:39 PM  

Vox Day's cyberviolence must not go unpunished. The SJW response last year was not obviously vigorous enough. I think president Obama is going to have to come onto the field himself to say bad things about Vox Day, such as that he is a racist, a sexist and a homophobe.

Blogger Gaiseric April 26, 2016 3:51 PM  

@12. Deja vu. Didn't I just read exactly this same post in the Trumpening thread? Don't spam.

Anonymous patrick kelly April 26, 2016 4:38 PM  

How does lack of the liberty of freedom of association relate to the effects of free trade?

Would restoration of this liberty make free-trade more palatable?

Blogger WATYF April 26, 2016 5:31 PM  

Just learned that Vox Day pantsed the SJWs for the second year running.

Just the fact that they're going to have to say the title to SJWAL out loud on stage during the Hugos is reward enough.


Blogger Joe A. April 26, 2016 6:43 PM  

Vox's work ethic never ceases to astound me.

Anonymous VFM 5589 April 26, 2016 7:18 PM  

SJWAL and Space Raptor Butt Invasion both nominated.

I'm wallowing in shadenfreude.

Anonymous mature craig April 26, 2016 9:47 PM  

Gonna buy the book. Gonna revisit economics for a third time now that im all wise

Blogger J April 27, 2016 7:35 PM  

Hi Vox,

Good debate. Can you name or provide a link to the 1971 paper you cited on applying the Prisoner's Dilemma to free trade (the one that Dr Miller said was an erroneous application of the Dilemma)?

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