1990s, A Distinctly American Internationalism (November 1999)
““Fair trade” is a moral delusion that could be leading to an economic catastrophe.”
From The Fair Trade Fraud (St. Martin's Press, 1991) http://www.jimbovard.com/Epigrams%20page%20Fair%20Trade%20Fraud.htm
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James Bovard 40
American journalist 1956Related quotes
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“Trade is simply too important for economic development to be left to free trade economists.”
Source: Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism (2008), Ch. 3, More trade, fewer ideologies, p. 83
Context: The importance of international trade for economic development cannot be overemphasized. But free trade is not the best path to economic development. Trade helps economic development only when the country employs a mixture of protection and open trade, constantly adjusting it according to its changing needs and capabilities. Trade is simply too important for economic development to be left to free trade economists.
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“Government cannot make trade more fair by making it less free.”
From The Fair Trade Fraud (St. Martin's Press, 1991) http://www.jimbovard.com/Epigrams%20page%20Fair%20Trade%20Fraud.htm