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Make Profits, Not War

by
Gary North
Tea Party Economist

Recently
by Gary North:
Free
Trade: The Litmus Test of Economics



In a previous
article, “Tax-Loving
Conservatives
,” I wrote about an invisible line down the middle
of your street. Jones lives on the other side. You live on your
side. Jones makes you an offer to sell something 10% cheaper than
Smith sells. Smith lives on your side of the street.

Smith gets
Brown and Green to impose a 25% sales tax on anything Jones offers
to sell to anyone on your side of the street. Then I analyzed this
arrangement in terms of who wins – Smith – and who loses:

You can read the rest of this article at: http://lewrockwell.com/north/north1154.html

Short URL: http://www.txwclp.org/?p=11236

Posted by on Jun 14 2012. Filed under Libertarian News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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