Was talking to a friend who runs one of the biggest electric motor businesses in the country. He is a libertarian free trader. So I asked him, do you favor free trade or fair trade? He said there is no such thing as free trade, that every thing he buys abroad is highly regulated (driving prices up) and everything he tries to sell abroad is subject to tariffs and high regulation. He said he’d love to compete freely, but there is no such thing.
Well at least he acknowledges what’s going on, that’s a plus. I wonder what he thinks about Trump’s proposals.
The problem I have with many libertarians is that they oppose any government effort to push back at the market manipulation of our competitors.