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Dismissing Disagreement (7) Bryan T. Johnson & Robert P. O’Quinn
“There is no rational economic case for the claim that selling at below cost is an unfair practice; in a free market, prices are determined by what consumers are willing to pay for a product, not by what producers spent on making a product. Proponents contend that anti-dumping law protects American consumers from the ‘predatory’ tactics of foreign firms.”Return to the Commons
Of the many foolish arguments for President Biden’s decision to give $400 billion to people who borrowed to attend college, one stood out for its inanity: “Women owe over two-thirds of student debt,” tweeted Senator Elizabeth Warren. “Canceling student debt would help give millions of women a fair shot at starting a business, saving for […]
I spoke earlier this week at a private event for a fervently free-market group. Bringing new ways of thinking to such audiences is a favorite pastime of mine, and one of American Compass’s reasons for being. Partly, of course, this presents an opportunity to persuade. As important, I get to hear the questions and counterarguments […]