Episode 8 – Milton Friedman Speaks – Free Trade: Producer vs. Consumer (Podcast)
Free To Choose Media Podcast
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Why Have We Had Tariffs and Other Restrictive Measures?
A total expenditure each year of roughly 600 million dollars. Measures to benefit the merchant marine through ship building subsidies, through operating subsidies and so on. That amounts to about 15 thousand dollars per year for each of the 25 thousand people was affected. But 600 million dollars a pop ation of 200 million dollar million people, that's three dollars apiece for each of us.
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