Quotation of the Day…

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… is from page 21 of Alecia Waite Cassidy’s, Edward Tower’s, and Xiaolu Wang’s excellent September 2016 data-rich paper, “Manufacturing Fetishism: The Neo-Mercantilist Preoccupation with Protecting Manufacturing”:

[T]rade restrictions hamper economic growth and manufacturing share, so it makes no sense to use trade restrictions to improve economic growth via the impact of trade restrictions on manufacturing share.