7 quotes
Economic nationalism means protective and discriminative tariffs, and a conservation of national, imperial or allied resources within a circle of favored beneficiaries.
The Morals of Economic Internationalism (1920)
On what a slippery slope ...international morality reposes.
The Morals of Economic Internationalism (1920)
Perhaps the worst of the three fallacies, and in a sense the deepest-rooted, is the concept of export trade as of more value than import trade.
The Morals of Economic Internationalism (1920)
Is it not the larger and the longer hope and interest of America to live as a great partner in... a society of nations, rather than to live a life of isolated prosperity... ?
The Morals of Economic Internationalism (1920)
The richly nourished patriotism of war breeds divisions and antagonisms which are easily exploited afterwards by political, racial, religious, and cultural passions, but most of all by economic interests.
The Morals of Economic Internationalism (1920)
The money received for sales has no other significance or value than its power to buy, and trade can only be imaged truly as an exchange of goods for goods in which the processes of selling and of buying are complementary.
The Morals of Economic Internationalism (1920)
It is untrue that the world market is strictly limited, with the consequence that every advance of one group of traders is at the expense of another group. The world market is indefinitely expansible and is always expanding...
The Morals of Economic Internationalism (1920)