| | Free trade - Knowmore (Site not responding. Last check: 2007-10-23) |
 | | Even if overall economic interests had not been harmed by tariffs, he was opposed to them on the grounds that patriotism shouldn't be perverted by scoundrels to enrich themselves. |
 | | The later twentieth century saw the development of new economic theories that criticized the stress on regulatory institutions, though it is an uncommon opinion even among modern neoclassical economists to wholly regard all such regulatory functions of state as damaging to the economy. |
 | | Free trade, then, creates an economic incentive for a race to the bottom in regulatory institutions; countries with lax, lenient, non-enforced, or selectively enforced regulatory legal structures will have a competitive advantage in attracting investment to their countries, and not merely in wages. |
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