Market Correction

Up Is Down; Monopoly Is Prosperity
14 November 2006

The Editor, New York Times
229 West 43rd St.
New York, NY 10036

To the Editor:

In today's Business section we learn that our Congressional overlords insist on preventing us from trading freely with the Vietnamese ("A Setback for Vietnam Trade Bill," Nov. 14) - confirming rumors that the superstitious belief in prosperity-through-monopoly (aka protectionism) is on the rise.

And to make today's news even more depressing, we learn on the Op-Ed page that your finest columnist, John Tierney, is leaving. He will now instead write for your Science Times. Your Op-Ed page now has no columnists who thoroughly understand economics.

Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on Tuesday July 3, 2007 at 3:49am

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