Do Local Cadre Incentives Drive Overproduction?

Mia looks at the economics behind American and European steel tariffs to explain the push behind the broader tariff regime and how capitalism works.

Sources:

https://archive.ph/YUg11

https://foleyhoag.com/news-and-insights/publications/alerts-and-updates/2025/october/eu-proposes-new-safeguard-measures-to-protect-its-steel-industry/

https://www.piie.com/blogs/china-economic-watch/chinas-excess-capacity-steel-fresh-look

https://www.librarysearch.manchester.ac.uk/discovery/fulldisplay/alma992976480893401631/44MAN_INST:MU_NUI

https://endnotes.org.uk/articles/misery-and-debt

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