How Do We Weather The Impacts Of Climate Change? Free Trade, Economist Says
While most of the proposals put forth to address climate change so far have called on governments to play a more active role in society, perhaps one of the best things they could do is promote free trade and then get out of the way.
According to research conducted by an economists at Oregon State University, wealthier countries with competitive crop production and few trade barriers would fare the best if climate change, weather events or other factors cause yields of grain and oilseed crops to become more volatile.
By these criteria, the United States is poised to do well, but France…