Andrew Heaton
👤 SpeakerAppearances Over Time
Podcast Appearances
It's all of it.
All things that we get from trying to slave labor?
First, I want to go ahead and hit the slave labor thing, right?
If there's actual involuntary servitude going on, that's immoral.
If we're removing actual slavery from the equation, right?
Yeah, peasant labor, right?
The one thing they can compete on, lower wages.
We end up being able to import things cheaper.
It makes everybody better off in the long run.
You're flat out wrong.
When you look at American manufacturing, we've got intermediate parts that come in from other countries.
So if you want to have cars in America, you need to be able to get parts from other countries.
Because if you raise the prices on that, you raise the price on the consumer, and everything costs more.
But like you're familiar with comparative advantage, right?
Like, you know, the basic premise behind that.