December 13, 2005
The Great Divide
Daniel Griswold is director of the Cato Institute,
Center for Trade Policy Studies. He will be filing dispatches this
week from Hong Kong, where he is attending the World Trade Organization's
Sixth Ministerial Conference.
[Excerpt]
"If I had been on the panel, I would have replied that the main
injustice of high tariffs is not the impact they have on producers
in other countries, but the negative impact they have on consumers
at home. We should reduce our farm subsidies and tariffs primarily
for our own benefit, regardless of what other countries decide to do.
(Check out our recent study on the high cost to Americans of U.S.
farm policies.[1]) And if we can achieve that through international
negotiations that encourage other countries to reduce their own farm
tariffs at the same time, all the better. "
1.http://www.freetrade.org/pubs/pas/tpa-030es.html
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"The Purpose and Limits of Government,"
by Roger Pilon, 1999 (PDF, screen optimized, 256 kb)
http://www.cato.org/pubs/catosletters/cl-13.pdf
(Hardcopy $1.00, call 800-767-1241)
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