``I must give him his due. He has considerably cretinized me.'' Lautréamont

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Saturday, September 19, 2009

Tired Protectionism (NYT)

whoa! the NYT gets an economics question right

is it random, albeit with small apparent probability?

Do they not see it's a labor union campaign payoff, which is always favored?

The new tarriff on tires from China may be legal, but it is bad economics and bad foreign policy.


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