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Absolutely. Higher prices for the same goods, plus a stimulus to domestic industry. Unless you are a savvy technocrat who knows where production bottlenecks ar
by allemagne 4y ago
Absolutely. Higher prices for the same goods, plus a stimulus to domestic industry.
Unless you are a savvy technocrat who knows where production bottlenecks are better than the market does, protectionism is just a welfare program at best and a cynical rent-seeking, vote-buying scheme at worst.