Protectionism and Free Trade

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Lipton Matthews

While it is tempting to see the economic success of Singapore and Hong Kong as similar, there really are stark differences between them. Hong Kong has developed through laissiez-faire and entrepreneurship while Singapore is much more state directed.

Vincent Cook

Critics of free markets such as Oren Cass claim that Austrians and other supporters of the free economy are engaged in “market fundamentalism.” However, support for free markets is not an act of blind faith but is based upon understanding of how markets actually work.

Douglas French

Although President Trump has claimed that tariffs will ultimately raise our standard of living, they really are taxes on consumers. Furthermore, tariffs also deny consumers the choices they want to make.

Ryan McMaken

The British complained of unfair competition from goods supplied by the American colonists. So the state intervened to manage trade and make it “fair.” But the American revolutionaries saw protectionism for the scam it was, and still is.