Today’s Gross Ignorance Award Goes To Samanth Subramanian On Fair Trade

The correct view to have of fair trade – as it is described by progressives – is a minority interest that raises consumer utility so not only why not but it’s a lovely thing. Because raising consumer utility, as perceived by the consumer, is the point of this whole having an economy thing. Everyone thinks their lives are made better by buying from those they prefer to buy from. Few of us would knowingly buy from those still employing chattel slavery.…

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