denlillaapan

econ

Tariffs as a Pragmatic Compromise

jimmysong

> Yet, after wrestling with the realities of capital flight, labor markets, and the geopolitical underpinnings of global trade, I find myself questioning whether tariffs might, in certain contexts, serve as a justifiable compromise. 

As the saying goes, "two wrongs don't make a right". Part of the reason the world is so screwed up is because so many people who claim to have good principles fold like a house of cards when it comes down to it. It is sad to see another one gone.

For me, the argument against tariffs is simple: taxation is theft, theft is bad, tariffs are taxes, so tariffs are bad. Repeal the tariffs -- and all other taxes!