Protectionism and the Fallacy of Composition
Protectionism can’t enrich the country as a whole, only boost certain individuals and industries while impoverishing the rest.
Video: An Introduction to Austrian Economics (Part 7 of 9): Everything Takes Time: Savings, Investment, and Prosperity
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Dr. Richard M. Ebeling is the recently appointed BB&T Distinguished Professor of Ethics and Free Enterprise Leadership at The Citadel. He was formerly professor of Economics at Northwood University, president of The Foundation for Economic Education (2003–2008), was the Ludwig von Mises Professor of Economics at Hillsdale College (1988–2003) in Hillsdale, Michigan, and served as vice president of academic affairs for The Future of Freedom Foundation (1989–2003).
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