Attention Economy


Saturday, January 27, 2018

Trade Protectionism - Historical Perspective

When protectionism is not about protecting America at all
George Will’s notes:
“Fomenting spurious anxieties about national security is the first refuge of rent-seeking scoundrels who tart up their protectionism as patriotism when they inveigle government into lining their pockets with money extracted from their fellow citizens. Sugar producers are ludicrously protected in the name of “food security.””


Lessons from the 1980s

Inefficiencies Created by Local-Content Rules
https://www.economist.com/news/finance-and-economics/21731633-local-content-requirements-make-appealing-slogans-bad-policies-buying-local

How to Lose a Trade War by Stephen Roach
https://www.project-syndicate.org/commentary/trump-solar-panel-tariffs-by-stephen-s--roach-2018-01