Contra Krugman

Ep. 133 Protectionism Doesn't Cause Depressions, But Here's What It Does Do

04.09.2018 - By Bob Murphy and Tom WoodsPlay

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Opponents of protectionism sometimes misrepresent what the real danger of it is. It isn't going to cause a depression or mass unemployment. But it does do something -- beyond just raising domestic prices -- that undermines everyone's standard of living. Show notes for Ep. 133

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