Protectionism and Free Trade

Business owners understand that the key to prosperity is to reduce costs and deliver more goods to the customer. Wage workers, however, often want higher prices in order to "protect" their jobs.

Trump’s trade war is not about about being patriotic or protecting American businesses. It is about politics and bad economics.

Recorded at Mises University 2018.

Recorded at Mises University 2018.

Recorded at Mises University 2018.

Recorded at Mises University 2018.

Recorded at Mises University 2018.

Recorded at Mises University 2018.

Recorded at Mises University 2018.

Since the Tariff Act of 1789, the tariff has been the playground of special interests, and used as a means of rewarding political friends, and harming political enemies.