Hacker News new | past | comments | ask | show | jobs | submit login

Protectionism often seems politically appealing because its beneficiaries are highly visible and benefits are concentrated amongst a few larger firms. The beneficiaries of cheaper imports and freer trade are usually greater in total but thinly spread out - everyone benefits a little bit.

As such it wouldn't surprise me at all if both your perspective and GP's perspective are true - cheaper imports would be better for everyone but the government doesn't "want" them because they'd politically inconvenience a relatively small number of people very visibly.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: