Monday , September 25 2017
Home / Carpe Diem / Video of the day: Johan Norberg explains how protectionism destroys more jobs that it saves

Video of the day: Johan Norberg explains how protectionism destroys more jobs that it saves

Summary:
AEI Video of the day: Johan Norberg explains how protectionism destroys more jobs that it saves According to President Trump, his trade advisers, other politicians and many US domestic industries competing with foreign rivals, we need trade protectionism to stop foreign competitors, because they destroy our industries and “steal our jobs.” Shouldn’t we all be willing to pay a little bit more for consumer goods if it saves some US jobs? Cato Institute Senior Fellow Johan Norberg explains how this popular idea of protecting domestic industries from foreign competition has already failed time and time again in the US and elsewhere, and ends up destroying more jobs that are saved. Video of the day: Johan Norberg explains how protectionism destroys more jobs that it saves

Topics:
Mark Perry considers the following as important: , ,

This could be interesting, too:

Don Boudreaux writes Some Links

Mark Perry writes Third quarterly spelling/punctuation/grammar rant of 2017 on the misuse of it’s for its – Publications – AEI

Mark Perry writes More evidence that it’s very hard to ‘beat the market’ over time, even the financial professionals can’t do it – Publications – AEI

Don Boudreaux writes Some Links

AEI
Video of the day: Johan Norberg explains how protectionism destroys more jobs that it saves

According to President Trump, his trade advisers, other politicians and many US domestic industries competing with foreign rivals, we need trade protectionism to stop foreign competitors, because they destroy our industries and “steal our jobs.” Shouldn’t we all be willing to pay a little bit more for consumer goods if it saves some US jobs? Cato Institute Senior Fellow Johan Norberg explains how this popular idea of protecting domestic industries from foreign competition has already failed time and time again in the US and elsewhere, and ends up destroying more jobs that are saved.

Video of the day: Johan Norberg explains how protectionism destroys more jobs that it saves

Mark Perry
Mark J. Perry is concurrently a scholar at AEI and a professor of economics and finance at the University of Michigan’s Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.

Leave a Reply

Your email address will not be published. Required fields are marked *