MARCH 14, 2013
Economic nationalism is an ideology by which the global economy is subdivided in terms of nation-states. Adherents typically push protectionist policies that are driven by self-interest. For example, uneducated, low-wage workers may oppose an open immigration policy, outsourcing and off-shoring on the grounds these policies and actions may lower their wages. Such workers might vote for politicians who will place strict limitations on immigration policies in the name of protecting the native workers, but these limitations inevitably increase production costs and lower the standard of living for those citizens who are not afforded the special protection by the government.
Lawrence Reed - Protectionism
Ben Powell - Immigration Myths
Related Freeman Articles
APRIL 26, 2012 by PHIL MURRAY
GIVE ME A BREAK!
Protectionism Reduces American Opportunities for Prosperity
APRIL 24, 2009 by JOHN STOSSEL
Tariffs and Quotas Hurt Consumers
OCTOBER 01, 1994 by MARK SKOUSEN
JUNE 01, 1971 by PAUL L. POIROT
Paying men not to work is just one of the ways of closing the market and wasting scarce resources.