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Title : Crony Thug-Style Lemon Protectionism

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Crony Thug-Style Lemon Protectionism

By Don Boudreaux

The essence of protectionism is captured nicely in this headline that simply appeared at World Trade Online (above).

Protectionists are masters at

frightening economically uninformed people alongside far-fetched hypotheticals. ‘What if all of our farmers instruct bankrupt as well as nosotros are thus left at the mercy of our country of war machine enemies to provide us alongside food? Do yous desire to adventure that outcome?!’ – is the variety of absurd ‘argument’ that protectionists fault for serious argument. This variety of precautionary-principle declaration is prevalent when protectionists are trying to persuade people to permit the regime to restrain their – the people’s – access to goods as well as services.

But the truthful essence of protectionism is captured nicely past times this headline most Argentine lemon imports. No i alongside whatsoever feel tin dismiss perchance translate this demand past times the USA citrus manufacture equally reflecting anything other than an endeavor to selection the pockets of consumers past times denying to consumers access to imported lemons.

Protectionism inwards theory is dubious. Protectionism inwards practise is cronyist thuggery costumed equally “policy.”

The to a higher house originally appeared at Cafe Hayek.

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