Tariffs Do Cause a Slight Temporary Increase in Inflation
Don Boudreaux writes:
Unlike you who find Duncan Braid’s May 6th harangue against supporters of free trade “devastating,” I find it to be tendentious. Braid writes triumphantly as if he’s caught us free traders in yet another of our Keystone Kops antics – specifically here, our effort to blame tariffs for inflation. Yet no competent economist or advocate of free trade is guilty of this ridiculous charge. If one were, Braid’s evidence of free-traders’ belief that tariffs cause inflation... Читать дальше...