Thursday, July 05, 2007

Fly the Flag

Buy America

A law in is working its way through the system in the state of Minnesota which would make the purchase of American Flags manufactored abroad against the law, punishable by a fine and/or imprisonment. This is indeed embarrasing, which is the way the Foundation for Economic Education described this law in its daily listserve of economically-ignorant news stories, usually about inane public policy.

This is mercantilism, which should have been stamped "paid" since the 1770s. But state-corporate interests keep at it, oftentimes succeeding. Onward.