Not the Economics Nobel Prize

Not the Economics Nobel Prize It has widely been accepted for nearly 100 years tariffs, and other economic protections policies, greatly contributed to, and possibly caused, the Great Depression of the 1930’s. In free-market capitalist economies the consumer is the final determinant on what is a good or bad product or service, and is the main driver of economic growth, employment, and inflation. In free-market capitalist economies the Consumer is King. It has been proven, time and time again, the consumer prefers the lowest price cost of comparable products and services, more so than any other determining factor. Tariffs, and other protectionist policies cause supply-chain problems, price uncertainties, and ultimately pain for the consumer. Any professional economist who has deviated from that generally accepted economic principle of the past 100 years has eliminated themselves from being considered for the Economics Nobel Prize. No professional economist will ever win the Nobel P...