Protectionism quotes:

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  • Protectionism will do little to create jobs and if foreigners retaliate, we will surely lose jobs. -- Alan Greenspan
  • 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
  • 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
  • Protectionism is the institutionalization of economic failure. -- Edward Heath
  • The philosophy of protectionism is a philosophy of war. -- Ludwig von Mises
  • 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
  • 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
  • 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. -- Ralph Raico
  • We don't want protectionism at the heart of the European Union. -- Guy Verhofstadt
  • Earlier ages fortified themselves behind the sovereign state, behind protectionism and militarism. -- Christian Lous Lange
  • 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
  • If the United States wants access to Chinese, Indian or Vietnamese markets, we must get access to theirs. U.S. protectionism is very subtle but it is very much there. -- Azim Premji
  • 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
  • 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
  • If credit expansion, protectionism, and government spending were a path to prosperity, mankind would have long ago created heaven on earth. -- Llewellyn Rockwell
  • 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. -- Karl Hess
  • 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
  • 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
  • The philosophy of protectionism is a philosophy of war. The wars of our age are not at variance with popular economic doctrines; they are, on the contrary, the inescapable result of a consistent application of these doctrines. -- Ludwig von Mises
  • 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
  • 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
  • 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. -- George Stigler
  • Internal protectionism in Europe would be deadly, really a disaster for European economies. -- Jose Manuel Barroso
  • Free trade, far from protectionism, is the path that we should take to make Latin America a thriving actor in the global economy. -- Enrique Pena Nieto
  • 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
  • Germany is the biggest economy of Europe and we need Germany on board for the economic reforms of Europe, including, of course, the deepening of the internal market, resisting protectionism, and supporting further economic policy coordination. -- Jose Manuel Barroso
  • The 'low' quality of many American films, and of much American popular culture, induces many art lovers to support cultural protectionism. Few people wish to see the cultural diversity of the world disappear under a wave of American market dominance. -- Tyler Cowen
  • Engineers in the developed world should be arguing not for protectionism but for trade agreements that seek to establish rules that result in a real rise in living standards. This will ensure that outsourcing is a positive force in the developing nation's economy and not an exploitative one. -- Brian Behlendorf
  • Social unrest and protectionism are the two major risks of the world economic crisis. -- Christine Lagarde
  • We have to resist, protectionism, other kinds of barriers to market access and to trade. -- Hillary Clinton
  • Oh, do you want protectionism? No, I don't. I just don't want to give my country away to China. -- Gerald Celente
  • But public works, economic protectionism, cheap money, 'deficit-financed government spending,' and 'the animal spirits of the spendthrift' in the service of boosting 'consumption demand'... Doesn't Keynesianism simply appeal to the worst in human nature? -- Ilana Mercer
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