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Quotation of the Day…

Posted By Don Boudreaux On September 16, 2013 @ 8:07 am In Trade | Comments Disabled

… is from page 152 of the 1991 Robert Schalkenbach Foundation edition [1] of Henry George [2]‘s 1886 volume, Protection or Free Trade [3]; George is here rightly ridiculing those who insist that other countries’ tariffs, subsidies, and other self-imposed mercantilist distortions on their economies justify the home-country government imposing similar distortions on the home-country economy:

And those who say that a nation should adopt a policy essentially bad because other nations have embraced it are as unwise as those who say, Lie, because others are false; Be idle, because others are lazy; Refuse knowledge, because others are ignorant.

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[1] 1991 Robert Schalkenbach Foundation edition: http://www.amazon.com/Protection-Free-Trade-Examination-Interests/dp/0911312846/ref=sr_1_2?s=books&ie=UTF8&qid=1342007457&sr=1-2&keywords=protection+and+free+trade+george+robert

[2] Henry George: http://www.econlib.org/library/Enc/bios/George.html

[3] Protection or Free Trade: http://www.econlib.org/library/YPDBooks/George/grgPFT.html

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