War metaphors and trade — Bastiat
A flotilla of ships is approaching your shore. Does it matter to you whether they are carrying smartphones and shoes — or rockets and soldiers? In his Economic Sophisms, Frédéric Bastiat makes this exasperated point: “A French ironmaster says: ‘We must protect ourselves from the invasion of English iron!’ An English landlord cries: ‘We must […]
War metaphors and trade — Bastiat Read More »