4 ms·
This is the case with nearly all trade restrictions. It benefits some at a cost to a great many others. The people who benefit most, disproportionately so, ar
by mr_toad 2y ago
This is the case with nearly all trade restrictions. It benefits some at a cost to a great many others. The people who benefit most, disproportionately so, are business owners, which is why you see so much lobbying for trade restrictions.
- henvic 2y agoExactly. If you don’t know, you might want to look up Economic Sophisms by Frédéric Bastiat. In particular, The Candlemakers’ Petition https://fee.org/articles/the-candlemakers-petition/ https://fee.org/articles/the-candlemakers-petition/ More: https://cdn.mises.org/The%20Bastiat%20Collection_4.pdf https://cdn.mises.org/The%20Bastiat%20Collection_4.pdf