Tuesday , March 26 2019
Home / Cafe Hayek / Bonus Quotation of the Day…

Bonus Quotation of the Day…

Summary:
… is from page 687 of the 2007 Liberty Fund edition (Bettina Bien Greaves, ed.) of Ludwig von Mises’s 1949 treatise, Human Action: The philosophy of protectionism is a philosophy of war. DBx: Indeed so – and a double one at that. Protectionism is a philosophy that endorses both the war of citizen against fellow citizen, and the war of politically dominant domestic groups against foreign producers. Protectionism is a base, cruel, destructive, antediluvian, and idiotic superstition masquerading as serious “public policy.” It is a primitive fury even worse and stupider than the one that propels the Hatfields and the McCoys each to escalate the violence that each inflicts on the other, for protectionism propels each nation to escalate the violence that it inflicts on itself. Comments

Topics:
Don Boudreaux considers the following as important: ,

This could be interesting, too:

Don Boudreaux writes Some Links

Don Boudreaux writes Quotation of the Day…

Don Boudreaux writes Some Links

Don Boudreaux writes Home-Country Tariffs Are Punitive Taxes on Purchases Made by Fellow Citizens

… is from page 687 of the 2007 Liberty Fund edition (Bettina Bien Greaves, ed.) of Ludwig von Mises’s 1949 treatise, Human Action:

Bonus Quotation of the Day…The philosophy of protectionism is a philosophy of war.

DBx: Indeed so – and a double one at that. Protectionism is a philosophy that endorses both the war of citizen against fellow citizen, and the war of politically dominant domestic groups against foreign producers.

Protectionism is a base, cruel, destructive, antediluvian, and idiotic superstition masquerading as serious “public policy.” It is a primitive fury even worse and stupider than the one that propels the Hatfields and the McCoys each to escalate the violence that each inflicts on the other, for protectionism propels each nation to escalate the violence that it inflicts on itself.

Comments

Don Boudreaux
He is a professor of economics at George Mason University in Fairfax, Virginia. Previously, he was president of the Foundation for Economic Education.

Leave a Reply

Your email address will not be published. Required fields are marked *