Comments on: Estimating the Gains and Losses from Free Trade http://www.nakedcapitalism.com/2007/05/estimating-gains-and-losses-from-free.html Mon, 23 Nov 2009 03:54:45 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2007/05/estimating-gains-and-losses-from-free.html#comment-66 Anonymous Fri, 04 May 2007 16:31:00 +0000 http://www.nakedcapitalism.com/2007/05/estimating-the-gains-and-losses-from-free-trade/#comment-66 <i>There's a tendency to characterize the anti-free trade contingent as economically illiterate. However, the behavioral finance perspective says they are completely rational.</i><br/><br/>Bravissimo!<br/><br/>Analyzing free trade only in terms of aggregate statistics is simplistic (to put it kindly) and doesn't explain an individual's assessment. Always beware the fallacy of composition. There’s a tendency to characterize the anti-free trade contingent as economically illiterate. However, the behavioral finance perspective says they are completely rational.

Bravissimo!

Analyzing free trade only in terms of aggregate statistics is simplistic (to put it kindly) and doesn’t explain an individual’s assessment. Always beware the fallacy of composition.

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