Free Trade Makes Us All Richer (Even If Other Countries Don’t "Play Fair")
This week my colleague Ryan Young rightly warned that the White House’s newly announced tariffs on Chinese goods will harm Americans consumers and workers. Simon Lester of the Cato Institute also notes that confusion about the nature of trade deficits is a bipartisan one. This is a good opportunity to get back to basics and remember what tariffs are and how they affect economic behavior and consumer welfare.
In the video above, George Mason University economist Don Boudreaux explains that free trade is nothing more than a system that treats foreign goods the same as domestic goods. He also points out that the United States itself is an excellent example of a wealthy and productive free trade zone. If tariffs made citizens better off, Boudreaux asks, shouldn’t California want to restrict trade with Maine, and Florida protect its residents from imports from Colorado?
Reprinted from the Competitive Enterprise Institute
Source: http://freedombunker.com/2018/07/21/free-trade-makes-us-all-richer-even-if-other-countries-dont-play-fair/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).