Dead Wrong® with Johan Norberg – Are Rare Earth Minerals Rare?

You can’t have free markets in strategic resources. As Paul Krugman warned us free trade made us dependent on China for rare earth minerals, necessary in almost all high-tech gizmos, so it was a disaster when China restricted exports in 2010. Dead wrong. How did this move actually backfire on Chinese industry? Find out with Free To Choose Media Executive Editor and Cato Institute Senior Fellow Johan Norberg as he explains.

 

 

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