Eduardo Porter Criticizes NYT Editorial Calling for Increased Protectionism

It's good to see the NYT has diverse voices on economic issues. In his "Economic Scene" column on the economy's supposed labor shortage, Porter argued that "raising barriers to imports — inviting retaliation from trading partners — is exactly the wrong approach." Three days ago, the NYT had an editorial arguing strongly for increased protectionism in the form of stronger and longer copyright and patent protections. These forms of protection not only raise prices and slow growth, but they redi...