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"In a world dependent on international trade and commerce, and staggering under a heavy load of international debt, no policy is more destructive than protectionism. It cuts off markets, eliminates trade, causes unemployment in the export industries all over the world, depresses the prices of export commodities, especially farm products of the United States. It is the crowning folly of government intervention."

— Hans F. Sennholz
hans f. sennholz Quotes Commerce,Heavy Loads,Heavy

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Hans F. Sennholz
Commerce
Heavy Loads
Heavy
Depressing
Dependent
International Trade
Debt
Farms
Commodity
Government Intervention

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The intelligentsia has disdained commerce throughout Western history.

— Peter Saunders

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In explaining the Constitution, James Madison, the acknowledged father of the Constitution, wrote in Federalist Paper 45: 'The powers delegated by the proposed Constitution to the Federal government are few and defined. Those which are to remain in the State governments are numerous and indefinite. The former will be exercised principally on external objects, as war, peach, negotiation, and foreign commerce.' Has the Constitution been amended to permit Congress to tax, spend and regulate as it pleases or have Americans said, 'To hell with the Constitution'?

— Walter E. Williams

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