. . . promoting capitalist acts between consenting adults.
▼
Thursday, August 2, 2018
QotD: "If the purpose of international trade is to create jobs, then why bother accepting anything at all in return from foreigners?"
"If the purpose of international trade is to create jobs, then why bother accepting anything in return from foreigners? As Bastiat pointed out, more jobs in export industries would be created if the government arranged for all workers in export industries to produce tons of goods, have all of these goods loaded on to ships, and then have all of these ships and all of their cargoes sunk in the middle of the ocean."This ... ‘sink-all-fully-loaded-cargo-ships’ logic is the logic of protectionism – or, rather, the illogic of protectionism."~ Don Boudreaux, from his post Myths & Fallacies of Trade
We welcome thoughtful disagreement. But we do (ir)regularly moderate comments -- and we *will* delete any with insulting or abusive language. Or if they're just inane. It’s okay to disagree, but pretend you’re having a drink in the living room with the person you’re disagreeing with. This includes me. PS: Have the honesty and courage to use your real name. That gives added weight to any opinion.
No comments:
Post a Comment
We welcome thoughtful disagreement.
But we do (ir)regularly moderate comments -- and we *will* delete any with insulting or abusive language. Or if they're just inane. It’s okay to disagree, but pretend you’re having a drink in the living room with the person you’re disagreeing with. This includes me.
PS: Have the honesty and courage to use your real name. That gives added weight to any opinion.