Protection by another name
Christopher Caldwell on the seductions of 'bailout' protectionism
"Protection generally means paying more money for lousier products. As such, it is a kind of tax. If there is a chance that less free trade will make the world economy less volatile or put a few million people back to work, then it is a tax that Americans are increasingly willing to pay." FT.com
Posted on 03/12 at 09:47 AM.
Your comments