able to justify a variety of noneconomic policies such as “beggar thy neighbor” protectionism. She heralded the concept of growth efficiency, which is essentially a was simply a variation of the long-discredited infant-industry argument for protectionism: Under conditions of nondecreasing returns there is simply no way that
against Yugoslavia. War drains and destabilizes the economy. The combination of protectionism, inflation, and war is a prescription for total economic wreckage. How
18 months to cripple economic growth through mind-boggling spending, aggressive protectionism, and attacks on the personal liberty that undergirds free enterprise.
assuming risks the rest of us don’t want to bear. Finally, all temptations toward protectionism should be resisted. Trade barriers are the surest path to making a bad
call me in the morning’. We need no deficit spending, no unfinanced tax cuts, no protectionism, no lowered interest rates or expanded credit, no vendettas against this address? Pursue inflationism, frustrate the market, extend socialism, adopt protectionism, embrace militarism, extirpate thrift, expropriate the Middle Classes,
rate at less than 8 percent. 7 Bailouts are simply a hidden form of discretionary protectionism and should be the poster child for the ill effects of interventionism.
is — how to say this? — free . It is free of cronyism, favoritism, handout-ism, protectionism, or anything else that amounts to using the state as a means of living
and easy money, Marxist-inspired state involvement in the economy, and the protectionism that had come with the adoption of Cepalism (the economic policy
witty essays and fables to this day are remarkable and devastating demolitions of protectionism and of all forms of government subsidy and control. He was a truly
regulatory uncertainty, cap-and-trade energy policy, the threat of increased protectionism, certain higher tax burdens in the future, especially on capital
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.