This is pre-Adam Smith economics.https://twitter.com/realDonaldTrump/status/1021719098265362432 …
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(Because eventually the consensus gets reified, while the assumptions that underpin it are forgotten—in this case, the assumption of constant economies of scale, and the assumption that other countries are price-takers, not monopolists or monosponists.)
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There is simply more intellectual edge right now in being a free trade skeptic.
End of conversation
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