I, for one, would like to see more on this. Perhaps Scott could break his reply up into a number of shorter pieces dealing with each of these market failure arguments.
Paul Phillips, Economics, University of Manitoba On 28 Nov 01, at 15:32, Robert Scott Gassler wrote: > My lecture arguments against free trade and globalization are based on a > thorough market failure argument, where that term includes monopoly power, > ownership externalities, maldistribution of income, macroeconomic > instability, etc. This places the environmental and labor objections to > globalization in context and ties in well with standard lectures. > > I can send more if you are interested. > > Scott Gassler > Professor of Economics > Vesalius College of the Vrije Universiteit Brussel > Belgium > > > At 22:41 27/11/01 -0600, you wrote: > >Michael, > > > >(and others) have been lamenting the failure of Pen-l to look at the > >current economic problems etc. I have a practical (?) suggestion. > > > >I teach a course called "Canadian Economic Problems" and also > >am frequently called upon to lecture on "free trade" and its > >implications, etc. What I do not have is a comprehensive critique > >of so-called free trade, all the agreements etc. What I would like to > >see is pen-l put together a comprehensive critique of 'free trade' > >(sic) that we could use in classes, public protests, media, etc. with > >all the appropriate academic references to studies, reports, etc. > > > >I know of a number of studies (such as the excellent one by CEPR) > >on globalism and (the failure of) growth. But I don't know them all. > >Nor do I know of all of the studies on NAFTA and job destruction > >such as the one by EPI/CCPA. What I would like to see is a > >series of reports, not overly long, by interested pen-l members of > >the evils of 'free trade' and its effects. Something that we could put > >together and download (or get students to download) that would > >give a comprehensive theoretical and empirical critique of the 'free > >trade conspiracy' with all the appropriate footnotes/URLs to relevant > >studies/reports/websites. > > > >I am not suggesting whole articles. Indeed that would make the > >project useless -- but rather short 500-1000 word summaries of a > >group of empirical and/or theoretical literature. > > > >Is this a feasible project? Or is it academic wishthinking? I do > >think we need to give our young people in the trenches some > >theoretical and practical evidence to maintain their resolve, never > >mind our own. > > > >Paul Phillips, > >Economics, > >University of Manitoba > > > > >
