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7min chapter
William Bernstein on the History of Trade
EconTalk
The Trade Debate: Insights from Henry Martin
This chapter explores the historical context of trade debates in Britain, focusing on the Corn Laws' repeal and the insights of lesser-known thinker Henry Martin. It emphasizes the shift from mercantilist views to the benefits of consumption and international trade, highlighting the advantages of specialization and cost-effective imports.
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