Tariffs Are An Abomination: No Good Arguments For Them

There are no good economic arguments in behalf of tariffs. They are an economic abomination. All capitalist acts between consenting adults (buying, selling, renting, lending, borrowing, gambling, gift giving), are mutually beneficial at least ex ante, and almost always but not quite, ex post as well. Tariffs are a tax which decreases such commercial and personal interactions, and thus reduce prosperity.

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes