"Five Myths About Tariffs" with Dr. Michael C. Munger

Join us in Raleigh for an event with Dr. Michael C. Munger.

Tariffs are often misunderstood, leading to several common misconceptions. They are taxes on imported goods paid by domestic importers, not foreign exporters, and frequently result in higher costs for consumers. While intended to protect domestic jobs, tariffs can trigger retaliatory actions from other countries, harming export-driven industries and potentially leading to job losses. They have a limited effect on reducing trade deficits, which are shaped more by broader economic factors such as savings and investment patterns. Additionally, tariffs contribute minimally to government revenue in modern economies compared to other forms of taxation. Rather than fostering long-term economic growth, tariffs can stifle competitiveness and innovation by shielding domestic industries from global market forces, ultimately limiting their ability to adapt and thrive.

This event is free and open to the public. Eventbrite registration required.

We invite you to consider making a $25 donation to help sustain our events.

________________________

More about the speaker:

Dr. Michael C. Munger has served as a Staff Economist at the Federal Trade Commission, and as a professor at Dartmouth, UT-Austin, U of North Carolina, before moving to Duke in 1997. He was Chair of the Political Science Department for a decade, and now directs the Philosophy, Politics, and Economics Program. The author of 7 books, and more than 200 journal articles, Munger is a past President of the Public Choice Society.

Host or Publisher AIER's Bastiat Society