6 ms·
in a similar vein, i could drown in a bathtub, but it's not likely. more rationale is needed here around whether that risk is worth considering seriously. the
by clairity 5y ago
in a similar vein, i could drown in a bathtub, but it's not likely. more rationale is needed here around whether that risk is worth considering seriously.
the econ 101 idea that tariffs are always bad (something that invariably comes up in these kinds of discussions) is only true in perfectly spherical, frictionless worlds populated by instantaneously rational actors. tariffs actually can work in the real world (to develop a fledgling industry, for example), but it can't be a one-off holy-grail policy, but rather part of a holistic, coordinated program.