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Protectionism Quotes

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Protectionism Quotes

“Protectionism, socialism, all varieties of state favoritism and restrictions on competition, and the growth of bureaucracy and jobbery were the means by which special interests sought to exploit the public, the great mass of consumers and taxpayers.”

“Why, when the economist gives advice to his society, is he so often cooly ignored? He never ceases to preach free trade, and protectionism is growing in the United States. He deplores the perverse effects of minimum wage laws, and the legal minimum is regularly raised each 3 or 5 years. He brands usury laws as a medieval superstition, but no state hurries to repeal its law.”

“I've never believed protectionism of that kind will lead us anywhere. I think you can have certain specific rules for engaging with India.. for example, not allowing mineral resources to be taken out of the country.. but there is not a shred of doubt in my mind that when you open an economy you should do it in totality. Foreign investment adds a sense of competition; we should see this as a wake-up call to modernise and upgrade. Companies that do not will undoubtedly die.”

“Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.”

Should Areas Financial Goods Avoided Protectionism

Author:Manmohan Singh

“Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.”

Wells May Economy Path Policy Trade Extraordinary Resilience Developing Shock Assets Threatening Flexibility Reluctance Protectionism Fiscal Policy

Author:Alan Greenspan

“A Call for Revolution, 1993 Libertarianism is rejected by the modern left - which preaches individualism but practices collectivism. Capitalism is rejected by the modern right - which preaches enterprise but practices protectionism. The libertarian faith in the mind of man is rejected by religionists who have faith only in the sins of man. . . . The libertarian insistence that each man is a sovereign land of liberty, with his primary allegiance to himself, is rejected by patriots who sing of freedom but also shout of banners and boundaries.”

“Europe should stick to an open economy, to competition and we should refuse protectionism. It will not save one single job in the long run to protect non-competitive industries.”

Should Long Running Jobs Economy Industry Protect Europe Competition Sticks Refuse Long Runs Protectionism

Author:Anders Fogh Rasmussen

“Libertarianism is rejected by the modern left - which preaches individualism but practices collectivism. Capitalism is rejected by the modern right-which preaches enterprise but practices protectionism.”

Left Practice Modern Capitalism Enterprise Individualism Libertarianism Rejected Collectivism Protectionism

Book:Facets of Liberty: A Libertarian Primer

Source: Facets of Liberty: A Libertarian Primer

“But I think that the spirit of protectionism would be the grave of European cinema. You cannot protect something by building a fence around it and thinking that this will help it survive.”

Thinking Helping Would Be Spirit Building Protect Graves Cinema Fence Protectionism

Author:Wim Wenders

“It is against this concept of the sovereign state, a state isolated by protectionism and militarism, that internationalism must now engage in decisive battle.”

States Battle Concepts Engagement Isolated Sovereign Militarism Protectionism Internationalism

Author:Christian Lous Lange

“We don't want protectionism at the heart of the European Union.”

Want Heart Europe Unions European Union Protectionism

Author:Guy Verhofstadt

“Internal protectionism in Europe would be deadly, really a disaster for European economies.”

Would Be Economy Europe Disaster Internals Protectionism

Author:Jose Manuel Barroso