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Protectionism and Other Forms of Theft

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Tags Political Theory

There are some other problems with the Republican candidates besides the fact that they are, with the exception of Ron Paul, all pro-war. How about economics? For instance, Duncan Hunter, who is featured in the May 14 issue of The New American because he is against NAFTA and CAFTA, said in the most recent Republican debate that "China is cheating on trade." What he means by this is that he is a protectionist who fails to understand basic economics. I think Mr. Hunter needs to read Robert Murphy. And then there is Mike Huckabee, who supports the misnamed FairTax, which I have critiqued here.

Laurence M. Vance is an Associated Scholar of the Mises Institute, founder of the Francis Wayland Institute, and a columnist for LewRockwell.com and the Future of Freedom Foundation. He is the author of The War on Drugs is a War on FreedomWar, Christianity, and the State: Essays on the Follies of Christian Militarism, and War, Empire, and the Military: Essays on the Follies of War and U.S. Foreign Policy.

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