Famous quote by Henry Charles Carey

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It will be said, however, that protection tends to destroy commerce, the civilizer of mankind. Directly the reverse, how
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"It will be said, however, that protection tends to destroy commerce, the civilizer of mankind. Directly the reverse, however, is the fact"

- Henry Charles Carey

About this Quote

Henry Charles Carey's quote suggests that protectionism does not damage commerce, however rather, it is the opposite. He argues that protectionism actually helps to civilize humanity. This is because protectionism encourages the advancement of domestic markets, which in turn produces jobs and increases financial activity. This increased economic activity leads to increased wealth and enhanced standards of living. Moreover, protectionism can likewise assist to secure domestic markets from foreign competition, allowing them to grow and develop. Ultimately, protectionism can be helpful to both domestic and global economies, as it motivates financial development and development.

About the Author

USA Flag This quote is written / told by Henry Charles Carey between December 15, 1793 and October 13, 1879. He/she was a famous Economist from USA. The author also have 17 other quotes.

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