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Quote from Walter Block,


“Protectionism is a misnomer. The only people protected by tariffs, quotas and trade restrictions are those engaged in uneconomic and wasteful activity. Free trade is the only philosophy compatible with international peace and prosperity.”


By:

Walter Block (more quotes by Walter Block or books by/about Walter Block)


Senior Economist, The Fraser Institute

Categories:

Socialism, Protectionism, Economics, Peace, Prosperity

Rating:

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