2016 Reports

Protectionist Fallacies

Bhagwati, Jagdish N.; Krishna, Pravin

There are many fallacies that are shared by the Democrats and the Republicans, and repeated endlessly by even leading journalists in the United States (Journalism schools in the US, it seems, teach you how to write but not what to write: their ignorance of the economics of what they write about is generally abysmal. By contrast, the English economic journalists such as Martin Wolf of Financial Times and Clive Crook formerly Dy Editor of The Economist, and top German journalists in Die Welt and Die Zeit, for example, are superbly trained, not just in their craft but also in the discipline of Economics)