Source: EconLog
by Pierre Lemieux
“One would think that businessmen should easily understand the importance of trade. Some certainly do who are trying to lobby President-elect Donald Trump not to follow through on his protectionist threats (‘CEOs Want Trump to Change Course on Tariffs. He Isn’t Budging,’ Wall Street Journal, December 15, 2024). … Merchants, the ancestors of all businessmen, were pushers of trade, if we may use the expression. Today’s businessmen often seem to be the clients and courtiers of those in power. How is it that businessmen have become so estranged from economics and laissez-faire?” (01/13/25)
https://www.econlib.org/businessmen-from-free-traders-to-vile-courtiers/