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
- WWII Atomic Bomb Project Had More Than 1,500 “Leaks”
- Neanderthal 'Art' Found In Cave Sheds Surprising New Light On Ancient Intelligence
- Midterm Election Mind-Reading: The Market Tends to Win
- Proof surfaces for affair between Queen Victoria and her male assistant
- Could humans cause another Paleocene-Eocene Thermal Maximum?
- Pro-Israel website chides Middle East Studies professors, claiming they’re apologists for Hamas
- UCLA Economist, Known as Railroad Historian, Dies at 89
- David Rosand, an Art History Scholar Whose Heart Was in Venice, Dies at 75
- NYT interviews Rick Perlstein about his book
- OAH issues a statement in support of the AP standards