The Essence of Protectionism

by Don Boudreaux on December 19, 2006

in Trade

C. Lowell Harriss, emeritus professor of economics at Columbia University, long ago offered this timeless thought about protectionism:

The general case for freedom in international exchange is like the case against putting sand in the gears of a machine.

(This quotation is found on page 826 of Prof. Harriss’s splendid 1953 book The American Economy.)


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