Here’s a letter that I sent a couple of days ago to the Wall Street Journal:
When business executives collude to restrict the amounts that they offer to sell to us, they’re in violation of antitrust statutes and are often charged as criminals (even though such collusion is unlikely to work). But when government officials operate to achieve the very same outcome – i.e., reduced supplies available to consumers – these officials are portrayed uncritically, even heroically, as crafting “trade policy.”
Sincerely,
Donald J. Boudreaux