Donald J. Boudreaux's Economics in Many Lessons: Ask The Protectionist

Always good to read Dr. Boudreaux's columns.

Donald J. Boudreaux's Economics in Many Lessons: Ask the protectionist - Pittsburgh Tribune-Review: "Protectionism is a disease that feeds on fear and ignorance. With an unusual amount of economic uncertainty sparking an unusual amount of economic fear, protectionist sentiments today are growing. Blatant protectionist pundits such as Lou Dobbs, and blatant protectionist politicians such as Sen. Sherrod Brown (D-Ohio) and Sen. Byron Dorgan (D-N.D.), enjoy larger platforms than they had even just a few years ago. Protectionism's allure is understandable. 'If we make it harder for Americans to buy foreign-made goods,' alleges the protectionist, 'we increase the demand for American-made goods. With more goods being made in America, more Americans will find jobs. QED.' In this case, though, 'QED' should be read as standing for 'Quite Especially Dumb.'"