186. What Does the “Candlestick Makers Petition” Teach Us?
Imagine a light company trying to sue the sun for stealing its jobs. Sounds ridiculous, but these types of protectionist complaints actually happen today in real life. In Frédéric Bastiat’s “Candlestick Makers Petition” he uses satire to explain protectionism. But his comical piece later turned into a reality when a landscaping labor union tried to […]