Leif Wenar on Blood Oil - a podcast by EconTalk: Russ Roberts, Library of Economics and Liberty

from 2016-05-16T06:30

:: ::

Should the United States allow its citizens to buy oil from countries run by bad men? Is this a case where morality trumps the usual case for free trade? Leif Wenar, professor of philosophy at King's College, London and author of Blood Oil, talks with EconTalk host Russ Roberts about the morality of buying resources from countries that use the resulting revenue to oppress their citizens. Based on the ideas in his book, Wenar argues that in many cases, importing oil is equivalent to buying stolen goods where the low prices cannot justify the purchase. The conversation discusses the possible outcomes from banning foreign oil from tyrannical regimes along with the resource curse and the case for fair trade.

Further episodes of 301 Moved Permanently

Further podcasts by EconTalk: Russ Roberts, Library of Economics and Liberty

Website of EconTalk: Russ Roberts, Library of Economics and Liberty