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 (September 6, 1843 – February 22, 1928) was a French politician and economist.
By: Redactor

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