Protectionist policies sacrifice efficiency for the sake of political gain. Rather than increasing productivity, tariffs merely redistribute resources toward producers in the protected industry and the government. Although tariffs are economically disastrous, their concentrated benefits and diffused costs often make them a popular policy option for politicians seeking to woo targeted constituencies. Recently, Secretary of […]
Author Archives: Lillian Kriese
Lillian Kriese is a research associate at the Taxpayers Protection Alliance. She wrote this for InsideSources.com.