17 Dec
2003
17 Dec
'03
6:17 p.m.
From: Bart Croughs You haven't answered this question yet. I don't claim that the U.S. is worse off when US capital moves abroad. I only ask: how can you proof that the US isn't worse off when US capital moves abroad?
Simple. Keeping capital from flowing wherever it likes leads to a non-pareto optimal state. Care to dispute that? Perry