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The wit and wisdom of Bastiat
Boston Globe ^ | Jeff Jacoby

Posted on 12/13/2001 7:48:17 AM PST by tarawa

Edited on 04/13/2004 2:07:09 AM PDT by Jim Robinson. [history]

ECONOMICS AND BRILLIANT WIT do not usually go hand in hand, but in a hilarious piece of satire, a French economist has published a devastating rebuttal to all the industries that plead for government protection from competitors' lower prices. If you've ever been seduced by the anticompetitive laments of the steel lobby or the dairy farmers, you owe it to yourself to take a look at this marvelous spoof.


(Excerpt) Read more at boston.com ...


TOPICS: Business/Economy; Editorial
KEYWORDS:

1 posted on 12/13/2001 7:48:17 AM PST by tarawa
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To: tarawa
bump
2 posted on 12/13/2001 7:51:46 AM PST by JohnGalt
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To: tarawa
The troubling question in all this "protectionist" discourse is, "How do we ensure the industries that are critical to our (present or future) war efforts remain viable, secure, and easily accessible to our nation?"

IMHO this is a reasonable question that requires a rational (not emotional) response.

3 posted on 12/13/2001 8:23:53 AM PST by jimkress
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To: tarawa
Bump
4 posted on 12/18/2001 11:39:06 AM PST by Lev
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