Mr Irwin also methodically debunks the idea that protectionism made America a great industrial power, a notion believed by some to offer lessons for developing countries today. As its share of global manufacturing powered from 23% in 1870 to 36% in 1913, the admittedly high tariffs of the time came with a cost, estimated at around 0.5% of GDP in the mid-1870s. In some industries, they might have sped up development by a few years. But American growth during its protectionist period was more to do with its abundant resources and openness to people and ideas.
I don’t know if The Niskanen Center’s Jerry Taylor is correct or not to have changed his mind about global warming. But as I explain in my most-recent Pittsburgh Tribune-Review column, I do know that a recent Mother Jones description of his career as a public intellectual is highly misleading, and in a way that is unjust to him..
Communism cannot be separated from oppression; in fact, it depends upon it. In the communist society, the collective is supreme. Personal autonomy is nonexistent. Human beings are simply cogs in a machine tasked with producing utopia; they have no value of their own.
Trade saved the American pilgrims. (HT Bryan Riley)