"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
The Statist Propositions Of Protectionism
Submitted by Serenity on Mon, 2012-07-02 02:00
in
Free trade is a crucial economic policy in the program to restrict the growth of socialism. Mises never wavered from this view. He recognized the threat of all arguments for protectionism: they help to expand the power of the state. They move in the direction of central economic planning
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