There are some other problems with the Republican candidates besides the fact that they are, with the exception of Ron Paul, all pro-war. How about economics? For instance, Duncan Hunter, who is featured in the May 14 issue of The New American because he is against NAFTA and CAFTA, said in the most recent Republican debate that “China is cheating on trade.” What he means by this is that he is a protectionist who fails to understand basic economics. I think Mr. Hunter needs to read Robert Murphy. And then there is Mike Huckabee, who supports the misnamed FairTax, which I have critiqued here.
Source link: http://archive.mises.org/6639/protectionism-and-other-forms-of-theft/
Protectionism and Other Forms of Theft
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