Article 2NZS6 Stop Calling Cronyism Protectionism

Stop Calling Cronyism Protectionism

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from from FEE on (#2NZS6)
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"Protectionism" - with the sweet sound of the verb "to protect" - is far too kind and inaccurate a word for a policy that attacks consumers for the benefit of domestic producers. It should really be called "scarcityism," which better exposes the true nature of government-erected obstacles to people's access to goods and services.

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