Almost all of today's rich countries used tariff protection and subsidies to develop their industries. Interestingly, Britain and the USA, the two countries that are supposed to have reached the summit of the world economy through their free-market, free-trade policy, are actually the ones that had most aggressively used protection and subsidies.
Ha-Joon ChangRelated topics
almost economy ones policy protection rich summit tariff world usa britainRelated quotes
Technology policy - whether we should have one and what form such a policy should take - was a core issue of the 1992 presidential campaign, and in February 1993 the Clinton administration confirmed that fostering new technologies will be a critical part of its agenda for redirecting the American economy.
Lewis M. Branscomb
Only the bad artists of the nineteenth century were frightened by the invention of photography; the good ones all welcomed it and used it. Degas liked it not only because it provided an accurate record, but because the snapshot showed him a means of escape from the classical rules of design. Through it he learnt to make a composition without the use of formal symmetry.
Kenneth Clark
Your street, rich street or poor
Used to always be sure, on your street
There's a place in your heart you know from the start
Can't be complete outside of the street
Keep moving on through the joy and the pain
Sometimes you got to look back
To the street again
Would you prefer all those castles in Spain?
Or the view of your street from your window pane?
Van Morrison
What I've come to learn is that the world is never saved in grand messianic gestures, but in the simple accumulation of gentle, soft, almost invisible acts of compassion, everyday acts of compassion. In South Africa they have a phrase called ubuntu. Ubuntu comes out of a philosophy that says, the only way for me to be human is for you to reflect my humanity back at me.
Chris Abani
This is the true joy in life being used for a purpose recognized by yourself as a mighty one the being thoroughly worn out before you are thrown on the scrap heap the being a force of nature instead of a feverish, selfish little clod of ailments and grievances complaining that the world will not devote itself to making you happy.
George Bernard Shaw
