A miniature story about tariffs: A friend was offered the full price of a new helicopter for his low time old one. Seems Taiwan has a 100% duty on new helicopters and a much lower one on used.
High tariffs would develop a new industry of tariff avoidance. My friend is one of the smartest businessmen I know. He had a dirt moving company that did a lot of dirt moving during the housing boom. The company employed 500 workers. He sold the company just before the Great Housing Crash happened.
A miniature story about tariffs: A friend was offered the full price of a new helicopter for his low time old one. Seems Taiwan has a 100% duty on new helicopters and a much lower one on used.
High tariffs would develop a new industry of tariff avoidance. My friend is one of the smartest businessmen I know. He had a dirt moving company that did a lot of dirt moving during the housing boom. The company employed 500 workers. He sold the company just before the Great Housing Crash happened.
Another thesis for an Econ Grad: Are contractionary fiscal policies really contractionary? I think so, yes.
Is the title through the end of the work week (Friday the 11th)? Because the "Th" is confusing since it is the 10th.