> this is xix century crap. age of the method is not relevent. > if you tax imports and your own market can't produce competitive product at competitive price you lose. even if i grant your the entailment of your syllogism, i do not grant your presuposition of the operative word "if". if we can produce a product at a competitive price we win. one way to make the price competitive is by increasing the price of the competitors. one method of doing so is a tariff. > it's like giving money to failing corps instead of making them more profitable. customer suffers. false and irrelevant analogy. not a single word addressing the fact that if you reduce the size of (-m) in the equation that the economy grows.    > so the ideal economy would be one in which the government prints and spends as much money as possible. if the government can spend without accruing debt, for example by taking the money out of the ground by mining gold and issuing a gold standard currency, then yes that would be ideal.
United States