NYT Columnist Says No Big Deal If Trade Causes 1 Million Doctors and Dentists to Lose Their Jobs

After all, the economy generates 200,000 jobs a month on net (more than five million gross), so what difference could it make if one million doctors and dentists were displaced through trade. If the idea that losing one million very high paying jobs wouldn't be any big deal seems strange to you, then you don't really understand how economists talk about trade.

Of course, the actual column, by Donald Boudreaux, an economics professor at George Mason University, wasn't talking about doctors and...

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Published on March 28, 2018 21:17
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