Time to let the air out of the feel-good ‘buy local’ bubble 

Economics: the dismal science. Making fun of economists: a respected journalistic subcategory. Pretending to understand economics: our incurable national delusion. And one of the most persistent of our national delusions, one which affects businessmen, politicians, the employed and the unemployed alike, is that of autarky. True believers know how to cure whatever economic ills may affect us - buy ...

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