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The Choice: A Fable of Free Trade and…

The Choice: A Fable of Free Trade and Protection

by Russell D. Roberts

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The Choice by Russell Roberts is a short parable on the dangers of protectionism as an economic system. Throughout you'll recognize a mix of storytelling frameworks made popular by "It's a Wonderful Life" and "A Christmas Carol"—i.e. being led through alternate timelines to witness the consequences of one's choices.

It's a worthy read even though most of the pro-protectionist crowd—those who would benefit the most from the book's message—aren't even aware of what protectionism is or why it's problematic, and are unlikely to ever check out The Choice. ( )
  Daniel.Estes | Dec 30, 2013 |
It won't win any literary awards, but this is a novel way to explain economic concepts (no pun intended). Late British economist David Ricardo guides the protagonist like a Dickensian ghost of economic present and alternate futures. Along the way, their dialogue hits on a variety of topics related to free trade and protectionism: comparative advantage, outsourcing, tariffs and quotas, trade deficits, fair trade, and globalization. It's a quick read, which may help you understand economics better than traditional teaching methods. ( )
  nathanm | Nov 30, 2009 |
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