Think Freely Media presents Common Sense with Paul Jacob

Yves Guyot:

Yves Guyot

“The effect of a protective duty on any commodity is to raise the price, not only of the amount imported, but of the whole quantity sold in the country; it is a private tax placed upon consumers for the benefit of producers.”

Yves Guyot (6 September 1843 – 22 February 1928) was a French politician and economist.

He was an uncompromising free-trader.

By: Redactor

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