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“Parity” Prices 81We could solve the matter simply, on the other hand, by endingboth the parity-price system and the protective-tariff system. Meanwhilethey do not, in combination, even out anything. The joint systemmeans merely that Farmer A and Industrialist B both profit at theexpense of Forgotten Man C.So the alleged benefits of still another scheme evaporate as soonas we trace not only its immediate effects on a special group but itslong-run effects on everyone.

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