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Tariffs Quotes

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Tariffs Quotes

“A core element of Permacapital Economics Is the price mechanism. Whereby, individual economic participants determine the prices of the products and services they sell and buy, according to supply and demand. Supply and demand is based on individual choices. Supply and demand determines the production of and prices of products and services. Prices naturally strive for equilibrium, as if being led by an invisible hand. Because buyers will always have a highest price point beyond which they are unwilling to pay for a given product or service, thereby making it unprofitable for sellers to attempt to sell those products or services beyond that price point. Similarly, sellers have a lowest price point beyond which they are unwilling or unable to sell a given product or service. This generally eliminates the existence of products or services which provide no net gain to society. The price system is the most efficient mechanism for ensuring that the needs and desires of buyers and sellers are adequately met among people in society, and that members of society at large has access to the highest quality and quantity of products and services.”

“Page 199: According to the U.S. Bureau of Economic Statistics, more than 20 percent of all imports to the United States come from foreign subsidiaries or affiliates of U.S. multinational corporations. … This is why American business is so adamantly opposed to tariffs—not fear of foreign retaliation, but fear of tariffs on products from American-owned industrial plantations.”

“The "Push to Perfection Mechanism" is a vital component of a Permacapital Economy. In this type of economy, there is a strong emphasis on timely and voluntary exchange of services and payments between employees, suppliers, and customers. All parties involved expect accountability from businesses, although their expectations differ.”

“Productivity is a crucial economic driver in both capitalism and Permacapital Economics. However, the frameworks differ in their approach to its purpose and the ethical and social considerations that surround its pursuit. Capitalism often prioritizes productivity as a means to maximize profit and economic growth, while Permacapital Economics seeks to harness productivity for sustainable value creation and equitable distribution within ecological limits.”

“A core element of Permacapital Economics is the voluntary exchange of products and services between people, businesses and governments. Each economic participant is free to choose who they will buy from and sell to. There is no force, collusion, or coercion determining the exchange of products or services.”

“In a Permacapital Economy, the patterns of production, the uses of private property, the delegation of resources, the regulation of industry/commerce, and the movement of prices are all based largely on the desires and demands of the consumers, within the reasonable limits of regulation. Too much consumer sovereignty will result in the pursuit of low prices and convenience Being at the expense of good wages, harmony with nature, social cohesion, etc. Too little consumer sovereignty will result in the dominance of government and industry to the extent that the freedoms (liberties) of the people are infringed upon and the efficiency of the whole economy is reduced.”

“It is a matter of efficiency, practicality and productivity that labor as a whole be divided into specialty jobs that come together to produce greater value than could be produced without such division. Businesses will tend to create new jobs which serve a special function. Therefore, workers will be incentivized to skill themselves such that they may be employed in certain functional roles according to their availability in the marketplace. This phenomena contributes to efficiency at scale, in the economy. Any law or policy or cultural trend which inhibits the division of labor will consequently inhibit efficiency in the economy.”

“In a Permacapital Economy, businesses are born and businesses die. When businesses are providing value to customers and society, and doing so with fair prices, better than their competitors - they remain alive. When businesses are unable or unwilling to provide value to customers and society and are overpriced and worse than competitors - they die. The process is determined by what is best for society, naturally, by the various mechanisms at play in the Permacapital Economy.”

“The "government of reformers," as is now obvious, operated a policy of over-the-top corrupt protectionism that would turn any real conservative green with envy. Huge duties were imposed under the pretext of protecting domestic manufacturers. Then they were canceled, before being reintroduced. Customs policy could change by anyone bringing a suitcase of cash to the government. Needless to say, every decision to impose high duties was accompanied by ways of making it possible to circumvent them, exceptions for special cases. Ultimately, the most straightforward and effective idea came to dominate: redesignating goods subject to a high rate of duty as belonging to a different category, which attracted a low rate.”

“The free-trade idea, logically applied, will abolish usury; and with usury will disappear the chief bone of contention between labor and capital. But, just at this point, free-traders go over to the enemy; and many writers on political economy, in flat contradiction of the essential principles of that science, have made elaborate arguments to prove self-government in finance, impossible! What shall we think of men who, having dethroned kings, demolished popes, destroyed slave oligarchies and assailed tariff monopoly, advise submission to the most oppressive and dishonest of despotisms, Usury?”

“We want a comprehensive package that covers export subsidies, tariffs and overall levels of support. British Prime Minister Tony Blair is making central to his summit speech that he wants to abolish all export subsidies. It is up to him to push the European Union in that direction, and the U.S. needs to reciprocate.”

“There was nothing natural about laissez-faire; free markets could never have come into being merely by allowing things to take their course. Just as cotton manufactures were created by the help of protective tariffs, export bounties, and indirect wage subsidies, laissez-faire was enforced by the state.”

“I have had the accomplishment of something like this at heart ever since I was a boy.... So I feel tonight like the man who is lodging happily in the inn which lies half way along the journey and that in time, with a fresh impulse, we shall go the rest of the journey and sleep at the journey's end like men with a quiet conscience.”

“What I am anxious to do is to get the best bill possible with the least amount of friction.... I wish to avoid [splitting our party]. I shall do all in my power to retain the corporation tax as it is now and also force a reduction of the [tariff] schedules. It is only when all other efforts fail that I'll resort to headlines and force the people into this fight.”

“From the Anarchist standpoint, these artificial hindrances which are the cause of three main forms of usury-interest, profit, and rent, are, in the order of their importance, monopoly in the control of the circulating medium-money and credit, private property in land not based on occupancy and use, patent rights and copyrights, and tariffs.”

“It's estimated that about 30 percent of the increase in grain prices could be attributed to the decision to embrace biofuels, particularly corn-based ethanol. It has done nothing for climate change and the business is in real trouble now with the collapse of oil prices. It's completely dependent on a dollar subsidy and tariff from the government.”

“We had a level of tariffs of about five per cent. Now a lot of those will go, most of them will go over time, some of them immediately. Now that means that electronic goods and other things, white goods, coming into Australia, will be cheaper for our community. It also means in many cases that the inputs used by our high-end manufacturers to make a final product are also coming in cheaper than they otherwise would - so it makes those manufacturers more competitive.”

“As proof of this statement, consider this question: Have the people ever been known to rise against the Court of Appeals, or mob a Justice of the Peace, in order to get higher wages, free credit, tools of production, favorable tariffs, or government-created jobs? Everyone knows perfectly well that such matters are not within the jurisdiction of the Court of Appeals or a Justice of the Peace. And if government were limited to its proper functions, everyone would soon learn that these matters are not within the jurisdiction of the law itself.”