Tariffs Milton Friedman Disproved Trump's Argument for Tariffs Decades Ago In a 1978 appearance at Utah State University, the Nobel Prize–winning economist provided the perfect retort to those ...

SAN FRANCISCO, CA - 1986: Nobel Prize-winning economist Milton Friedman poses with a sculpture of himself during a 1986 San Francisco, California, photo portrait session. For much of the 1980s ...

Here’s Milton Friedman, who won a Nobel prize and was the most important economist of the 20th century, on tariffs: “We call a tariff a protective measure. It does protect; it protects the ...

Friedman served as an adviser to former President Ronald Reagan, who, free trade rhetoric aside, did engage in some protectionism, including imposing "voluntary import quotas" on foreign vehicles ...

Dr. Milton Friedman appears at a Washington news conference in the Mayflower Hotel in Washington in connection with the American Conservative Political Action Conference, Feb. 14, 1976.

This is where DOGE and Friedman diverge. Under the Friedman selection process, these grants would rightly be canceled too—but not simply because they fund left-wing culture war activities.

Friedman was using the banana example as the "absurd" and "extreme" end of the argument for steel tariffs, which were in the news at the time and an audience member had asked about.

Here’s Milton Friedman, who won a Nobel prize and was the most important economist of the 20th century, on tariffs: “We call a tariff a protective measure. It does protect; it protects the consumer ...