Tarriffs Make Consumers Poorer
— Ben (@Hedenberg) December 2, 2024
Trump's arguments ignore the fact that protectionist policies always distort the economy at the expense of consumers. As Murray Rothbard explained, protectionism hurts consumers by limiting competition, which benefits "inefficient" domestic firms… pic.twitter.com/OpCbGNfBGX
Competition does a much more effective job than government at protecting consumers. - Thomas Sowell
— Murray Rothbard (@MurraySuggests) December 31, 2020
Over at @AEIdeas, some timeless wisdom about free trade & protectionism from Milton Friedman https://t.co/mbQdMe0HUe pic.twitter.com/8VpHXtwmUI
— American Enterprise Institute (@AEI) May 6, 2016
📈 Known as 'the father of economics', Adam Smith made key insights into how free trade and the division of labour creates wealth.
— Institute of Economic Affairs (@iealondon) March 12, 2024
📚 Read 'The Essential Adam Smith' to learn more ⤵️ https://t.co/qOFmgOEBEs pic.twitter.com/97iGRqvUTj