View source for The Davos Lie

From Critiques Of Libertarianism

---

<!-- you can have any number of categories here --> [[Category:Pareto Optimality]] [[Category:Globalization, Free Trade and Economic Freedom|200]] {{DES | des = A term coined by [[Larry Summers]]. The old idea that since free trade increases overall benefits, the winners could compensate the losers with some of the gains to create a Pareto improvement where everybody wins. But the real world fact is that this compensation does not occur, increasing inequality dramatically. | show=}} <!-- insert wiki page text here --> <!-- DPL has problems with categories that have a single quote in them. Use these explicit workarounds. --> <!-- otherwise, we would use {{Links}} and {{Quotes}} --> {{List|title=The Davos Lie|links=true}} {{Quotations|title=The Davos Lie|quotes=true}}

Return to The Davos Lie.