Mises Daily
Author:
Art Carden
Online Publish Date:
about free trade. As a signatory to a petition to protest Hoover-era trade policies (like the Smoot-Hawley Tariff), I was dismayed. The implications of a shift to Henry Hazlitt, the “art of economics” consists of tracing the effect of any policy to all groups rather than its effect on specialized interests. Buying local of consumer protection — to use government regulation as a bludgeon to reduce competition. In other words, the costs of political solutions may well exceed the