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What’s Really Going On (Inspired by Mark Perry)
Posted By Don Boudreaux On May 18, 2012 @ 7:05 pm In Crony Capitalism,Other People's Money,Seen and Unseen,Trade | Comments Disabled
Here’s a letter to the Washington Post; (the report’s printed headline differs somewhat from the on-line headline):
Your page A22 headline today that reads “Trade complaint results in stiff tariffs on Chinese solar panels [1]” is more confusing than enlightening. A clearer version would read “Complaint by politically powerful interest group results in stiff taxes on Americans who buy Chinese solar panels.”
Sincerely,
Donald J. Boudreaux
Professor of Economics
George Mason University
Fairfax, VA 22030
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[1] Trade complaint results in stiff tariffs on Chinese solar panels: http://www.washingtonpost.com/business/economy/us-imposes-tariffs-on-chinese-solar-panels/2012/05/17/gIQAz59XWU_story.html
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