Market Correction

What It Really Is
28 November 2006

Editor, The Wall Street Journal
200 Liberty Street
New York, NY 10281

Dear Editor:

Your report on the rank protectionism of U.S. textile firms and their representatives on Capitol Hill ("Haiti's Trade Push Hits New Political Head Wind," Nov. 27) is subtitled "Lawmakers Look Askance At Effort to Ease Tariff Rule Amid Globalization Concern."

A more accurate subtitle would be "Officeholders Look Askance At Effort to Strip An Influential Special-Interest Group of Monopoly Protection Amid Concerns that Failure to Do So Will Jeopardize Their Political Careers."

Sincerely,
Donald J. Boudreaux
Chairman, Department of Economics
George Mason University
Posted by Don Boudreaux on Friday August 10, 2007 at 10:22am

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