Posted inNews

Tariffs Guarantee Higher Prices for Americans Who Believe They are Too High Already

Fans of the movie, Ferris Bueller’s Day Off, will remember the scene. Ben Stein plays a famously boring high school teacher giving a lecture about economics to a room full of teenagers fighting to stay awake. In about a minute, he covers the Smoot-Hawley Tariff Act and the Laffer Curve, fundamental economic topics, desperately trying […]

Gift this article