December, 2017

Trade and Our "Habits of the Lip"

  • Donald J. Boudreaux

    Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
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Find the article at APEE.

Deirdre McCloskey has convinced me that the words we use, our "habits of the lip," matter mightily. I argue here--in a McCloskeyan spirit--that the words we typically use when describing international trade are highly misleading. We economists need a better approach to persuading the public to improve their understanding of trade and to showing that national boundaries are economically meaningless. The habits of our lips must change.