provoost on Nostr: The mainstream economic answer would be that putting up barriers for competition ...
The mainstream economic answer would be that putting up barriers for competition would give American companies no incentive to improve. Sadly there's plenty examples where high tariffs and other barriers did cause laziness, the US ship building industry is one. Brazil also has experience...
Though I suspect a modest tariff might help push entrepreneurs from thinking "there's no point in competing" to "alright, let's try".
Published at
2025-04-13 16:05:22Event JSON
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