The Stone City

Words Made to Last

Thursday, February 14, 2008


James Surowiecki reviews Ha-Joon Chang's Bad Samaritans, and notices:
What Chang does in Bad Samaritans is assume that the interests of the nation trump those of its citizens. Protectionism of the kind Chang advocates is bad for a country’s consumers—they have to pay more for less, the quality and variety of what they can buy goes down, and so on. Yet Chang is essentially indifferent to this problem.
It's the "Nations Are People Too" fallacy.

[HT: Arts and Letters Daily, via Belmont Club.]