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European Tribune - Ricardo and Morality
If firms selling abroad can dislocate the local economy then export tariffs are needed with the income from them used to ameliorate the dislocations being caused by trade. This is the point made by Ha-Joon Chang who cites a number of historical examples where such policies were used by governments to foster overall development.

Ha-Joon Chang talking about his book Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism at New America Foundation:

Cynicism is intellectual treason.

by marco on Fri Jul 25th, 2008 at 01:30:59 AM EST

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