Liberty. It’s a simple idea, but it’s also the linchpin of a complex system of values and practices: justice, prosperity, responsibility, toleration, cooperation, and peace. Many people believe that liberty is the core political value of modern civilization itself, the one that gives substance and form to all the other values of social life. They’re called libertarians.
Showing posts with label as Welfare-State Economics. Show all posts
Showing posts with label as Welfare-State Economics. Show all posts
Thursday, August 9, 2012
Got a Pencil? You Didn’t Build That
Wednesday, August 8, 2012
Tariffs as Welfare-State Economics
by Gary North
[LewRockwell.com]
I have found over the years that when I debate with people who
promote tariffs, meaning sales taxes on imported goods that are enforced
by people with badges and guns, they always adopt arguments that apply
only to America's side of the border. They refuse to adopt those very
same arguments for people on the other side of the border.I challenge defenders of tariffs to state their arguments in terms of both of the people who want to trade, not just the American. The ethics and economics of restricted trade surely apply to the person who wants to trade on the other side of the invisible line known as a national border. If the arguments for restricted trade apply to the American economy, then surely they apply to the other nation's economy. Logic and ethics do not change just because we cross an invisible judicial line. I take this position because I want the pro-tariff person to face the implications of his position.
Subscribe to:
Posts (Atom)