Article 411DX The Level Playing Field Fallacy: Bastiat’s Response

The Level Playing Field Fallacy: Bastiat’s Response

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from from FEE on (#411DX)

None of this is to say we shouldn't have any rules in commerce. Not at all! Laws are justified to punish companies that violate individual rights and arguably, in certain cases, companies that impose costs on society. But the "level the playing field" analogy is a non-analogous and misleading metaphor because tariffs undermine the end of economic production: consumption.

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