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A Probing, Excellent Question from Tom Palmer

Thursday, March 9, 2017 9:17
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(Don Boudreaux)


In response to my call for Uncle Sam to adopt unconditionally a policy of unilateral free trade, Tom Palmer – who is among the smartest and wisest people I know – sent the following germane question:

What do you think of the role of “trade agreements” governing regulatory standards? Those were less common and much simpler in the past, so compliance was not much of a problem. But mutual recognition of regulatory issues is massively complex.  Your thoughts?

Below the fold is a much-edited and expanded version of my e-mail reply to Tom.



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