Mises Wire
Author:
Benjamin Seevers
Online Publish Date:
capitalism; however, Anton derailed the debate by choosing to focus on specific policies rather than ethical concerns. Ironically, Anton admits that he has hardly of the infant industry argument . Protecting “infant industries” merely prevents innovation, keeping them “underdeveloped,” defeating the purpose of the protections public choice school of economics displaced common-good public policy. We can understand Hamilton’s policies from the self-interest framework.