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  3. / Hazlitt argued against which economic policy?

Hazlitt argued against which economic policy?

  • Free Trade

  • Protectionism

  • Gold Standard

  • Crypto Currency

Answer

Protectionism, the policy of shielding domestic industries and jobs by imposing tariffs or quotas on imported goods and services, was the target of Hazlitt's criticism. He held the belief that this policy ultimately leads to higher consumer costs, reduced economic growth, and impaired global trade. Embracing free trade, on the other hand, promotes economic efficiency, innovation, and prosperity for all parties involved.
Mastering the Mind of Henry Hazlitt: A Journey through the Works of an Influential American Journalist

Mastering the Mind of Henry Hazlitt: A Journey through the Works of an Influential American Journalist

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