The wise Dani Rodrik knows that a Conversation with Tyler usually starts early

Don Boudreaux had asked Dani why favor free trade within nations, but not always favor free trade across nations?  Dani wrote a long response here, self-recommending, do read the whole thing, but here is a brief excerpt:

So the national market and the international market are different. The defining characteristic of a national market is that it is deeply embedded in a set of social and political institutions – a common legal and regulatory framework provided by the nation-state. The international market is at best weakly embedded in transnational arrangements, and the arrangements that do exist such as the WTO and bilateral investment treaties are commercial rather than fully-fledged political/redistributive/regulatory arrangements.

On Thursday the dialogue will continue…