"Tariffs and protectionist policies are designed to favor a few politically connected industries at the expense of consumers. They reduce the overall wealth of society, benefit the politically privileged, and harm ordinary people by raising prices and distorting the market."
In his book "The Revolution: A Manifesto" (2008)
"Tariffs and protectionist policies are designed to favor a few politically connected industries at the expense of consumers. They reduce the overall wealth of society, benefit the politically privileged, and harm ordinary people by raising prices and distorting the market."