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WalterBright | karma 71923 | avg karma 2.96 · 2023-10-16 16:13:05

Protectionism is not a fix for comparative advantage. Regardless of the motives for protectionism, it will make your economy less competitive and less prosperous.

Apocryphon | karma 19248 | avg karma 1.97 · 2023-10-16 22:58:51

The East Asian Tigers being a major counterexample:

https://hir.harvard.edu/the-east-asian-miracle-where-did-ada...

It's basically Ha-Joon Chang's whole deal-

https://en.wikipedia.org/wiki/Bad_Samaritans:_The_Myth_of_Fr...

https://www.independent.co.uk/news/business/comment/hajoon-c...

reply

WalterBright | karma 71923 | avg karma 2.96 · 2023-10-17 01:40:11

East Asia switched to free markets, which is where their prosperity came from.

Apocryphon | karma 19248 | avg karma 1.97 · 2023-10-17 10:52:29

Completely unsubstantiated non-response. At least post a link, name a contrary authority, cite some evidence, do something.