Milton Friedman perfectly explains why protectionist trade policies persist despite economists almost universally opposing them. The answer? Concentrated special interests win over diffused public benefit. As Friedman wryly notes, tariffs do "protect" consumers quite effectively—from low prices! Watch this classic Friedman moment that remains just as relevant today as when he first said it. | Free To Choose Network
1:17
Milton Friedman perfectly explains why protectionist trade policies persist despite economists almost universally opposing them. The answer? Concentrated special interests win over diffused public benefit. As Friedman wryly notes, tariffs do "protect" consumers quite effectively—from low prices! Watch this classic Friedman moment that remains just as relevant today as when he first said it. | Free To Choose Network
8.5K viewsApr 18, 2025
FacebookFree To Choose Network
Why Do Countries Use Protectionism As Trade Barriers? - World Economy Watchers
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The US is becoming more protectionist under both parties, and that’s bad news for prosperity. Free trade raises living standards—and restricting it is an attack on a basic freedom. Dive into more insights from the Human Freedom Index: https://www.cato.org/multimedia/cato-video/state-human-freedom-conversation-ian-vasquez | The Cato Institute
1:15
The US is becoming more protectionist under both parties, and that’s bad news for prosperity. Free trade raises living standards—and restricting it is an attack on a basic freedom. Dive into more insights from the Human Freedom Index: https://www.cato.org/multimedia/cato-video/state-human-freedom-conversation-ian-vasquez | The Cato Institute
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FacebookThe Cato Institute
India vows to avoid protectionist signals on trade
India vows to avoid protectionist signals on trade
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List and describe four types of protectionist policies.... | Filo
List and describe four types of protectionist policies.... | Filo
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