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Companies Don’t “Pass the Cost of Tariffs on to Consumers”mises.org/power-market/companies-dont-pass-cost-tariffs-consumers
189 sats \ 2 comments \ @Undisciplined 5h econ
By Connor O'Keeffe
Tariffs impart a new cost on producers. That new cost does not change the market price directly, as it does not affect how much people value the items being consumed.
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25 sats \ 1 reply \ @SimpleStacker 4h
meh, it's semantics
though i'd agree that the "companies passing the cost on" tends to put moral culpability on the companies when there should be done.
still, that only works on the weak minded
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30 sats \ 0 replies \ @Undisciplined OP 4h
I think there's also an idea that companies aren't negatively impacted, because they can just pass the costs on. It completely misses the relative burdens of tax incidence.
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