Source: Adam Smith Institute
by Tim Worstall
“There are things it is possible to do and which are also things we might not want to do – however possible they are …. ‘Food Foundation sounds alarm over supply risks and price shocks as about 40% of Britain’s food is imported’ …. Yes, of course we can grow the food we need in Britain. … Trade means we can have more, different, foods cheaper and also that added bonus of leaving a bit of land for the wildlife. Bonzer, eh? We are richer through trade. At which point we’ve an actual think tank insisting we must make ourselves poorer by giving up those advantages of trade.” (08/20/26)
https://www.adamsmith.org/blog/of-course-we-can-make-ourselves-poorer-but-why-bother