Entries by admin

Nye on Wine, War and Trade

John Nye of George Mason University talks with EconTalk host Russ Roberts about his book, War, Wine, and Taxes. The conversation covers the history of Britain and France’s trade policy, why the British drink beer and why Ricardo’s example of Britain trading wool for Portuguese wine is bizarre. Nye turns the traditional story on its […]

Bernstein on the History of Trade

William Bernstein talks with EconTalk host Russ Roberts about the history of trade. Drawing on the insights from his recent book, A Splendid Exchange: How Trade Shaped the World, Bernstein talks about the magic of spices, how trade in sugar explain why Jews ended up in Manhattan, the real political economy of the Boston Tea […]

Combating Global Poverty with a Cup of Coffee

Millions of people in the developing world struggle to survive on just a couple of dollars a day. Fair trade claims that buying fair-trade labeled coffee is a way to help the poor. But is it the best way? Professor Colleen Haight has been researching fair-trade for the past 10 years; she?s also spent time […]

Does Free Trade Exploit the Poor?

Ten years ago there are only 300 telephone lines, because of free trade, today over 10 million people use cellphones in Kenya. Some opponents of free trade believes that the best way to reduce poverty in Africa is through foreign aid from more developed countries and capitalism only make people poorer. Is that really the […]