"Protectionism, by definition and design, makes goods rarer and more expensive. The Money-Maker[by contrast] makes goods abundant and affordable, not conserving the incompetent at the expense of the competent."~ Bruce Andrew, summarising a point from Ayn Rand's talk on 'The Money-Making Personality,' which implicitly rejects the fallacies of protectionism.
Thursday, 27 August 2020
"Protectionism, by definition and design, makes goods rarer and more expensive. The Money-Maker[by contrast] makes goods abundant and affordable, not conserving the incompetent at the expense of the competent." #QotD
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