Economics and Trade

Free trade may have wide support among economists, but its support among the public at large is considerably less.

Empirical evidence tends to show that trade liberalisation may entail non-trivial adjustment costs for certain groups.

The freedom of trade, like the liberty of the Press, is one thing; the abuse of that freedom, like the licentiousness of the Press, is another. God forbid that this Court should do anything that should interfere with the legal freedom of trade.