A Quote by Thorstein Veblen

A protective tariff is a typical conspiracy in restraint of trade.

Thorstein Veblen

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Conspiracy Protective Restraint Tariff Trade Typical

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Thorstein Veblen
American - Economist
July 30, 1857 - August 3, 1929

When Donald Trump was first elected, there was a lot of fear of a trade war. They listened to Trump's rhetoric on the campaign. Oh, we're going to put a 45 percent tariff on China, a 35 percent tariff on Mexico. We haven't seen any of that.

Donald Trump

The biggest trade that Germany and Britain had was with each other, in the prewar period; I think I'm right in that. Two highly industrialized nations had the most trade with each other, and it wasn't tariff policies alone that made trade relations better for both of them.

W. Averell Harriman

As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.

Asa Hutchinson

I read the book with interest, but when Jackson was a candidate in 1828 for the Presidency, I opposed him and voted for Adams. I favored a protective tariff.

Ezra Cornell

As history has repeatedly proven, one trade tariff begets another, then another - until you've got a full-blown trade war. No one ever wins, and consumers always get screwed.

Mark McKinnon

I am in favor of a national bank...in favor of the internal improvements system and a high protective tariff.

Abraham Lincoln

I am a tariff man, standing on a tariff platform.

William McKinley

Smoot and Hawley ginned up The Tariff Act of 1930 to get America back to work after the Stock Market Crash of '29. Instead, it destroyed trade so effectively that by 1932, American exports to Europe were just a third of what they had been in 1929. World trade fell two-thirds as other nations retaliated. Jobs evaporated.

Elaine Chao

The benefits of a tariff are visible. Union workers can see they are "protected". The harm which a tariff does is invisible. It's spread widely. There are people that don't have jobs because of tariffs but they don't know it.

Milton Friedman

The United States is a low-trade - low-tariff country.

Sam Brownback

Everything is a conspiracy. People kind of demonize the word. But a conspiracy is when two people get together and do something. So, if more than one person does something, it's a conspiracy. The revolution was a conspiracy, Iran Contra, Watergate.

Richard Belzer

A lot of people believe, and I do at times, that some of our trade agreements are lopsided, and we've got to look at them. But that doesn't mean that we're going to put a tariff on everything.

Richard Shelby

John Quincy Adams ranks with Jimmy Carter on the roster of ex-presidential redemption. Instead of completing a biography of his father, he let himself be elected to the House, where he spent nine terms in Whiggish opposition to the Democrats, supporting a national bank and a protective tariff and internal improvements.

Thomas Mallon

I believe conspiracy theories are part of a larger conspiracy to distract us from the real conspiracy. String theory.

Andy Kindler

Voter fraud is a reality in American elections, but it is typical of the candidate to confuse anecdote with data and turn allegation into conspiracy.

Bret Stephens

Every increase of protective duties is necessarily followed, in the present condition of our country, by an expansion of the currency, which must continue to increase till the increased price of production, caused by the expansion, shall be equal to the duty imposed, when a new tariff will be required.

John C. Calhoun

A Quote by Thorstein Veblen

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