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> but if it does then imagine what the situation could be like. Depends on how much of the "asian manufacturers are artificially deflating costs through govern
by floatrock 12y ago
> but if it does then imagine what the situation could be like.
Depends on how much of the "asian manufacturers are artificially deflating costs through government subsidies in order to buy up global market share, therefore we need tariffs to level the playing field for domestic manufacturers" argument you buy.
- jacquesm 12y agoActually, none. If they can provide solar panels for free for the rest of the world let them. That's a subsidy of other governments with as ultimate beneficiary local citizens.
- floatrock 12y ago> with as ultimate beneficiary local citizens. Yep. See the Thiel essay about how the point of business is to acquire a monopoly, at which point you kick back and let the cash flow come in because there's no competition: http://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536 http://www.wsj.com/articles/peter-thiel-competition-is-for-l... One theoretical use of tariffs is to sacrifice economic efficiency in the short run to maintain healthy competition in the long run. Don't get me wrong -- tariffs also serve many more interests (protectionism, regulatory capture, etc.), but the there still is a short-term/long-term difference I think you're discounting.