Protectionism as An Enemy of Progress & Prosperity

It is discouraging that politicians of all parties attract so much support for their proposals to limit trade … these protectionist instincts betray a nasty nativism & naivete about economic realities … the following quote from Henry George (“Protection or Free Trade”, 1886) offers a good reality check:

“Blockading squadrons are a means whereby nations seek to prevent their enemies from trading; protective tariffs are a means whereby nations attempt to prevent their own people from trading. What protection teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war. No other nation can thus injure us so much as we shall injure ourselves.”

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About christopher

Content of "Natural Order" attempts to reflect the commitment of Universidad Francisco Marroquin to support the development of a society of free & responsible individuals. The principal commentator for this blog is Christopher Lingle.

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