“The United States can't keep a completely open system if the rest of the world is less open. The United States may have to take a leaf out of the book of Japan, China, and Germany, and have protectionism inside the system.”

Robert Mundell in: "Nobel Laureate: The U.S. Is The 'Naked Woman' Of The World Economy," at forbes.com, May 26, 2013

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Robert Mundell1

economist 1932

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“The United States can't keep a completely open system if the rest of the world is less open. The United States may have to take a leaf out of the book of Japan, China, and Germany, and have protectionism inside the system.”

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Robert Mundell1

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