“You cannot protect something by building a fence around it and thinking that this will help it survive.” Wim Wenders In America there is a push to provide protectionist status to American positions to ensure the viability of American business as well as American jobs. Does this idea make sense for the entrepreneur? The Internet […]
Tag Archives: protectionism
Protect The Visionary
“You cannot protect something by building a fence around it and thinking that this will help it survive.” Wim Wenders In America there is a push to provide protectionist status to American positions to ensure the viability of American business as well as American jobs. Does this idea make sense for the entrepreneur? The Internet […]
The Protectionism Delusion
Economists through years of study and practice have concluded that through free trade, based on the principal of comparative advantage, the world economy can achieve a more efficient allocation of resources and a higher level of material well-being. On the other hand, protectionism measures-barriers to free trade-lessen or eliminate gains from specialization. Trying to satisfy […]