Not All Protection is Bad

3 min read


One thing that we overlook in the dialogue around the trade war narrative that has become a partisan issue is that not all protection is bad. The problem is that if you look at justifications for some kind of protection none of them fit the stated cause of what Trump and his economic policymakers are trying to do. Economists writing on trade will note six categories of protectionism justifications. The first is that imposing duties on goods is a good way to make money for the state. Many less developed countries have more of their economic activity happen in the…...

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John Edgar Mihelic After spending his early career in education and journalism, J. Edgar Mihelic has spent the last decade gaining experience in the finance department of a nonprofit serving the intellectually and developmentally disabled. While doing so he has continued his education, earning an MBA from Concordia University in 2016 and will finish up two master's degrees in 2020 - one in English from Kansas State University and one in Economics from Roosevelt University. He hopes to continue on to get his PhD so he can stop going to school. The most interesting thing about him was the time he lost on Jeopardy!