Protectionism Quotes

• What protectionism teaches us, is to do to ourselves in time of peace what enemies seek to do to us in time of war.

  Henry George

  War, Enemy, Tariffs

  75 Copy quote

• Protectionism is the institutionalization of economic failure.

  Edward Heath

  Economics, Economic

  27 Copy quote

• There are legitimate concerns and anxieties that the forces of globalisation are leaving too many people behind - and we have to take those concerns seriously and address them. But the answer isn't to turn inward and embrace protectionism. We can't just walk away from trade.

  Barack Obama

  People, Anxiety, Leaving

  Source: www.straitstimes.com

  27 Copy quote

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• Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs.

  Alan Greenspan

  Jobs, Philosophy, Political

  35 Copy quote

• We have to remember we're in a global economy. The purpose of fiscal stimulus is not simply to sustain activity in our national economies, but to help the global economy as well, and that's why it's so critical that measures in those packages avoid anything that smacks of protectionism.

  Stephen Harper

  Purpose, Helping, Remember

  31 Copy quote

• 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.

  Ratan Tata

  Country, Taken, Thinking

  30 Copy quote

• The philosophy of protectionism is a philosophy of war.

  Ludwig von Mises

  Peace, Philosophy, War

  23 Copy quote

• In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention.

  Hans F. Sennholz

  Depressing, Cutting, Government

  25 Copy quote

• 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.

  Anders Fogh Rasmussen

  Running, Jobs, Europe

  Biography/Personal Quotes, www.imdb.com.

  25 Copy quote

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• What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war.

  Ludwig von Mises

  Freedom, Philosophy, War

  19 Copy quote

• 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.

  Walter Block

  Freedom, Philosophy, People

  57 Copy quote

• He is led by an invisible hand to promote an end which was no part of his intention

  Adam Smith

  Ignorance, Invisible Hand, Hands

  An Inquiry into the Nature and Causes of the Wealth of Nations vol. 2, bk. 4, ch. 2 (1776) See Adam Smith 1

  68 Copy quote

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• Oh, do you want protectionism? No, I don't. I just don't want to give my country away to China.

  Gerald Celente

  Country, Giving, Want

  12 Copy quote

• Earlier ages fortified themselves behind the sovereign state, behind protectionism and militarism.

  Christian Lous Lange

  Age, Sovereign, States

  21 Copy quote

• Protectionism is a very real danger. It is understandable that in times of a severe downturn protectionist pressures mount but the lessons of history are clear. If we give in to protectionist pressures, we will only send the world into a downward spiral.

  Manmohan Singh

  Real, Giving, World

  21 Copy quote

• 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.

  Wim Wenders

  Thinking, Would Be, Cinema

  22 Copy quote

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

  Christian Lous Lange

  Battle, Engagement, Sovereign

  27 Copy quote

• The message from history is so blatantly obvious - that free trade causes mutual prosperity while protectionism causes poverty - that it seems incredible that anybody ever thinks otherwise. There is not a single example of a country opening its borders to trade and ending up poorer.

  Matt Ridley

  Country, Thinking, Example

  7 Copy quote

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

  Guy Verhofstadt

  Heart, Europe, Unions

  19 Copy quote

• I'm not talking about autarky. I'm not crazy. We need an intelligent protectionism.

  Marine Le Pen

  Crazy, Intelligent, Talking

  "I Don’t Want This European Soviet Union". Interview With Mathieu von Rohr, www.spiegel.de. June 3, 2014.

  7 Copy quote

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• 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.

  Manmohan Singh

  Financial, Should, Goods

  17 Copy quote

• 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.

  Alan Greenspan

  Resilience, Fiscal Policy, May

  10 Copy quote

• If credit expansion, protectionism, and government spending were a path to prosperity, mankind would have long ago created heaven on earth.

  Llewellyn Rockwell

  Government, Long Ago, Heaven

  16 Copy quote

• Social unrest and protectionism are the two major risks of the world economic crisis.

  Christine Lagarde

  Social Unrest, Two, Risk

  22 Copy quote

• 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.

  Karl Hess

  Faith, Men, Land

  14 Copy quote