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I was reading "Economics in one lesson" and in the chapter entitled "who is protected by tariffs?" there was a great case against protectionist tariffs. From what i understood, it goes a something a little like this: The money that is used in creating barriers to imports may indeed...
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I have read some works by Milton Friedman, Ludwig Von Mises, Adam Smith, and Ayn Rand; and they all seem to be correct! What are the primary philosophical differences between these individuals, especially Milton Friedman and Ludwig Von Mises. Furthermore, what distinguishes that Austrian School from...