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John Stossel Explains Why Free Trade Is Good

by @ 9:04 am on May 11, 2010. Filed under Economics, Foreign Affairs, Free Trade, Individual Liberty, Politics

Once again, John Stossel had an excellent show on Fox Business Network this past week. This time, he spent the hour discussing free trade and did a very good job of dismantling the protectionist arguments against this. He even took on Lou Dobbs !

Watch, and enjoy.

Part One:

Remainder below the fold:

Part Two:

Part Three:

Part Four:

Part Five:

Part Six:

One Response to “John Stossel Explains Why Free Trade Is Good”

  1. Kris says:

    Thanks for posting these, very interesting. I’m not a fan of Fox but I did’t let that bias stop me from viewing. I really wanted to hear specifics from Dobbs on what he would do, sadly we didn’t get it. I’m a big fan of free trade and see restrictions as no way to go about it. I also believe that in the long run, lost jobs due to outsourcing or allowing cheaper product in, DOES lead to more jobs but in other sectors. The only bit I’ve wrestled with is, what about that tire company that has to be shut down because it can’t compete. What about an industry that could see a large percentage of companies shut down because they can’t compete? My take is, that is the result of competition and although smaller, that industry will normalize to be competitive eventually. Is that correct thinking for that level of the argument? Curious what others’ think.

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