The China Deal: If You Can't Sell It, Buy It

Doug Henwood dhenwood at panix.com
Wed May 24 11:00:38 PDT 2000


Brad De Long wrote:


>No, trade is a positive sum game. But there *are* losers...

Yes, no doubt about that. Shouldn't the point be trying to figure out how many losers, how many winners, and how much each lose and/or win? Rather than making unproven assumptions about loss (in the EPI/Weisbrot case) or gain (in the mainstream case)?

Doug



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