hmichellerose on Nostr: Tariffs are bad. Not to mention pretty contrary to that whole free markets idea. With ...
Tariffs are bad. Not to mention pretty contrary to that whole free markets idea.
With tariffs you get wasted resources from inefficient domestic production (not to mention the dangers of encouraging domestic businesses to produce things that they don’t actually have a competitive advantage in producing), higher prices, dead weight loss… It’s just a very bad idea.
Lots of details are in this video...
https://youtu.be/Gr-Ld7DnBZQPublished at
2025-04-03 12:16:34Event JSON
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"content": "Tariffs are bad. Not to mention pretty contrary to that whole free markets idea. \n\nWith tariffs you get wasted resources from inefficient domestic production (not to mention the dangers of encouraging domestic businesses to produce things that they don’t actually have a competitive advantage in producing), higher prices, dead weight loss… It’s just a very bad idea. \n\nLots of details are in this video...\nhttps://youtu.be/Gr-Ld7DnBZQ",
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