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  • Re: Austrian Books on Free Trade?

    I am in the process of reading Not a Zero Sum Game, but I do have a confusion that maybe you or someone else can help explain. In the book, he makes the argument that "No matter what he produces, every exporter ends up with foreign currency as his final product." This confuses me. Essentially...
    Posted to Economics Questions (Forum) by tcostel on Fri, Apr 1 2011
  • Re: Having problems understanding exports and imports

    [quote user="Libertarian_for_Life"] According to Ch. 12 in "Economics in One Lesson", in the scenario in the 2nd paragraph, the British importers pays in pounds, then through exchange or direct buyback, someone in America must buy something from Britian because he can't use the...
    Posted to Newbies (Forum) by Think Blue on Tue, Sep 8 2009
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