[neutrino]

Why is buying goods from the one willing to sell them at the lowest price a "welfare scheme" for the seller?

When one transfers jobs from one area to another, one decreases the average income of the former, and increase that of the latter. Thus the relative level of incomes between the two is changed.

And that, my good Torie, is the welfare scheme in a nasty little nutshell.

[Torie]

Somehow you left the consumer out of the equation. Buying from the high cost producer, and being able to pass the artificially high price along, through protectionism, is anti-consumer.

Obviously theory is too abstract on this thread. So let's get concrete. The proof is in the pudding. Just why is the most free tread nation on Earth, also the richest, and on a per capita income basis, except for Luxembourg? Just why is the per capita income gap between the US and its other high income per capita competitors (all of which are most protectionist and existing job protection oriented) increasing rather than decreasing in most cases, Ireland to the contrary notwithstanding? And just why does it have the lowest unemployment rate of almost anywhere at present, all those illegal alien vermin hanging about to the contrary notwithstanding?

[XBob]

75 - bang, another shot to a non vital area, right between the eyes.

"When one transfers jobs from one area to another, one decreases the average income of the former, and increase that of the latter. Thus the relative level of incomes between the two is changed.
And that, my good Torie, is the welfare scheme in a nasty little nutshell."