3 ms·
Sicken Thy Neighbor Trade Policy Doesn't Work
- LatteLazy 7y ago3 counter points: Bans on exporting equipment are not the same as bans on exporting parts. The example of a bad ban he mentions is for a part, not a piece of equipment. The long term effect might be less production. But no one cares about the long term in an emergency. Plus, governments can fix the long term problem in the medium term. The problem the author ignores is that the market doesn't care about lives. It will move ventilators to the highest bidder. A billionaire with no need shouldn't get one because he can pay more than a whole ward of Romanians.