From Donald J. Boudreaux, Professor of Economics, George Mason University...
28 September 2010
Senator Sherrod Brown (D-Ohio)
United States Senate
Dear Sen. Brown:
Pleading for restrictions on American consumers’ abilities to spend their money as they judge best, you proclaimed yesterday in the Senate that you “would love to go anywhere in the United States and have a public debate to show the public and show the American people how much this [international trade] has undermined our sovereignty, our wealth, our manufacturing base.”
I’ll be happy to debate you. You name the time and place.
You talk about our sovereignty. Your policies are a direct attack on consumer sovereignty – the right of each of us to spend our money as each of us chooses, as long as our ends are peaceable. Consumer sovereignty is essential to competitive markets, for only if consumers are free to switch their patronage from one seller to another will sellers work hard to serve consumers rather than to exploit them. ...
Read the rest of the Cafe Hayek post here.
Comment: Being an Ohio resident I am continually amazed at the lack basic understanding of economics among Ohio voters, which is clearly demonstrated in the choice of our elected officials and the fact that we have been in a depression for close to 15 years. I guess the same could be said from a great majority of our country.