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To: Gianni
I've never seen an reputable economist disagree, but would be interested.

I would be interested in the opinion of an economist who has not expressed an opinion either way on Abraham Lincoln, and certainly one without the bias against Lincoln that DiLorenzo has.

386 posted on 05/15/2003 2:46:20 PM PDT by Non-Sequitur
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To: Non-Sequitur
I would be interested in the opinion of an economist who has not expressed an opinion either way on Abraham Lincoln, and certainly one without the bias against Lincoln that DiLorenzo has.

DiLorenzo already gave you one...well, in fact, two since the book had multiple authors:

"Importers pass on [most of] their costs to buyers, and industrial buyers pass those costs on in the form of higher prices. . . . Consumers, hit directly or indirectly, include the inflationary price increases in their wage and salary demands. Everybody tries to pass the tax to someone else. The only group that is powerless to pass the costs on further are the exporters, who have to sell at world prices, and swallow those costs. In essence, a tax on imports becomes a tax on exports."

390 posted on 05/15/2003 2:53:58 PM PDT by GOPcapitalist
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To: Non-Sequitur
DiLorenzio may have an anti-Lincoln bias, but if he said the sky was blue I wouldn't argue. I doubt finding a counterexample to his brief on protectionism will be an easy task.
403 posted on 05/15/2003 8:04:58 PM PDT by Gianni (Peace, Love, and Biscuits and Gravy)
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