Re:Money Out of Nowhere: How Internet Marketplaces Unlock Ec...
by jpollock on Friday March 01, 2019 @02:40PM
(#19284505)
Nothing a society does is in every individual's best interest.
The question tends to end up - are the costs and benefits diffuse or focused. Focused costs tend to be negatives (loud complaints from small groups), and diffuse benefits aren't perceived.
Free trade (at the start) is a diffuse benefit, and a focused injury. It's like arguing for action on climate change.
The question tends to end up - are the costs and benefits diffuse or focused. Focused costs tend to be negatives (loud complaints from small groups), and diffuse benefits aren't perceived.
Free trade (at the start) is a diffuse benefit, and a focused injury. It's like arguing for action on climate change.