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.
more Dr. Walter Block quotes
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.
more Walter Block quotes
It is no coincidence that some of America’s most lethargic industries—steel, footwear, rubber, textiles—are also among the most heavily protected.
more Thomas DiLorenzo quotes
For thousands of years, the tireless effort of productive men and women has been spent trying to reduce the distance between communities of the world by reducing the costs of commerce and trade. Over the same span of history, the slothful and incompetent protectionist has endlessly sought to erect barriers in order to prohibit competition—thus, effectively moving communities farther apart. When trade is cut off entirely, the real producers may as well be on different planets. The protectionist represents the worst in humanity: fear of change, fear of challenge, and the jealous envy of genius. The protectionist is not against the use of every kind of force, even warfare, to crush his rival. If mankind is to survive, then these primeval fears must be defeated.
more Ken Schoolland quotes
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