Praying for Protectionism
THE DISCUSSION of free trade continues. Many readers passionately argue that economic ideologues have caused the catastrophic de-industrialization of America.
A reader in the latest thread writes:
I have a B.A. in economics, something I am profoundly ashamed of. I have most of a Masters in Econ and did some courses with Murray Rothbard who was a spellbinding lecturer and like Milton Friedman had a simple, clear, brilliant, wrong answer for every complex question. Economists have spectacularly failed to predict or forestall two massive economic bubbles, two recessions and worsening unemployment (that’s just in the last 10 years). My own view is that the discipline is corrupt. (more…)
