โข
After a bizarre era of anti-theory, new data are nudging economists back toward free markets, beginning with an apology from econ blogger Noah Smith.
Protectionism can’t enrich the country as a whole, only boost certain individuals and industries while impoverishing the rest.
โข
When FDR defied prohibition to declare beer “non-intoxicating,” the economic and cultural impacts were immediate, and overwhelmingly positive.
โข
After a bizarre era of anti-theory, new data are nudging economists back toward free markets, beginning with an apology from econ blogger Noah Smith.
Protectionism can’t enrich the country as a whole, only boost certain individuals and industries while impoverishing the rest.
โข
When FDR defied prohibition to declare beer “non-intoxicating,” the economic and cultural impacts were immediate, and overwhelmingly positive.
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