TRADE POLICY NONSENSE
I sure hope the current controversy over Bush’s steel tariffs puts to rest the fallacy that protectionism is in the “national interest.” Here’s a clear case where wine for one interest group (steel producers/workers) is poison for another (auto producers/workers, among others). “Buy American” is not only wrong-headed; it’s also incoherent.
P.S.: I'm taking great pleasure at Bush's predicament.
comments powered by Disqus
- ‘Google must not be left to censor history’ – Wikipedia founder
- The most important battle you've probably never heard of
- ISIS is destroying both Shia and Sunni shrines and buildings in Mosul
- Study: Violent radicalism in UK isn't associated with poverty
- CONFIRMED: the Shrine of Jonah/Mosque of Yunus (Nineveh, Mosul, Iraq) has been destroyed
- Plagiarism scandals galore … but no consequences?
- Stephen Cohen was once considered a top Russia historian. Now he publishes odd defenses of Vladimir Putin.
- Historian who calls bull&%$@ on July 4th parade causes controversy
- This is what motivated history students in high school and middle school can do!
- Obama to award National Humanities Medals to 3 historians