As COVID-19 Infections Rise, World Leaders Still Turn a Blind-Eye to the Dangers

World leaders and their governments have reacted to the pandemic in many different ways. On one hand, some world leaders followed the recommendations of scientists from day one and took the necessary precautions to reduce the risk of infection in their countries. On the other hand, we have seen some who doubt the true risk of the virus, and have dealt with the resulting consequences.

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Where Has Free Trade Gone? 

Tariffs have led to devastating results throughout history. Alexander Hamilton’s tariffs attempted to protect fledgling American businesses from British competition, resulting in higher domestic prices, inefficient business models, and finally the War of 1812. Another example is the 1930 Smoot-Hawley Tariff; duties on all goods were raised to a whopping 60 percent. According to PRI, it just so happens that the highest tariff in history was implemented on the eve of the Great Depression. They simply cause economic pain. 

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