Free Trade Winners and Losers

There are winners and losers of free trade. For the most part people have gained overall but there are instances where it is not even and those who didn't have high skilled trades or a high education seemed to lose out in global skills competition. Further, income disparity went higher as a class of people who had resources moved up but those without resources receded. Since Covid the U.S. has obtained some benefits from free trade but will need to ensure that its industries stay competitive internationally as well foster new industries (Theoretically there is a method to that.).

Feel freee to buy
a book on Free Trade
A few other things
I got listed. Other Things

The case for encouraging innovation, human capital development, research/science, small/medium business, infrastructure development, and international partnerships has not gone away. If anything, it has risen. A discussion on short term versus long-term tariffs is ongoing while ensuring fair trade through appropriate negotiations with international partners is helpful.

The Federal Reserve of Cleveland discusses the uneven nature of free trade in The Winners and Losers from Trade

You may be interested in reading a 2009 book on Free Trade and what people thought out it then. Very interesting because it was just becoming an important issue at that time. The author debates the pros and cons but seem to be a little more against. In today's world, it would seem that having free trade is generally positive but there should be some safeguards for things like product dumping, unfair practices, etc. Economists will continue to debate into the future.....

Side Note: I have a lot of books sitting on the shelf and seem to keep collecting them, speed reading and then throwing them somewhere. So, I decided I would try and sell a few and see if I can raise a little money for charities. I generally sought to give over 50% of profits for my hobbies away. Mostly I have given away 100% I believe except the occasional charity dinner. I recently bumped up some of my books and art to 30% direct charity deduction and the rest will go to local stuff as well as a special cause for orphans (Donate to Orphans). Also, I noticed that the LA Fire Department has a donation option there and I think I will try and create that selection for our local department when I get some time. If your interested in providing a corporate donation or personal donation to a great fire department let me know to the right and I will point you in the right direction. Anway...buy a book.