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Title: Seriously Flawed
Review: Bottom line, there are some serious flaws in the author's thinking. For example, in chapter 11 (Tariffs), the author argues that imposing a $5 tariff on an import (sweaters from England) ends up costing the US. Never once does he add the $5 duty received into the equation. How can someone argue against an import tax without analyzing what happens to the revenues from that tax? When the next chapter stated that Exports must equal Imports, I quit reading.In short, I couldn't agree more with the author that all too often the analysis of costs/benefits focus is too narrow. Yet, in trying to expanding the analysis beyond the 'too narrow', the author's analysis in fact is often too narrow.
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