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The Tariff Idea

AUGUST 03, 2009 by W. M. CURTISS

W.M. Curtiss discussed the impact of tariffs on free exchange and trade. This volume refutes many of the common defenses of the tariff and proposes solutions at the end of the book to help rectify the free trade that existed before the tariffs. The model presented in this book provides us with the perfect way to manage trade going into the future.

 

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It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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