Jacob Rees-Mogg Quotes

American consumers benefit from free trade and investment.

No nation was ever ruined by trade.

The Chinese are no slouches when it comes to capitalism.

The idea that free trade encourages global economic growth by enhancing productivity is taken as an article of faith by the three major schools of international political economy: liberalism, Marxism, and mercantilism

Under a system of free trade every branch of industry did not prosper.

The prosperity created at home and overseas by free expansion [of foreign trade] was infinitely greater than could be coaxed by restrictive mercantilism.

The benefits of freer trade, such as job creation, lower inflation, and greater consumer choice, are often invisible or only partly visible.

When someone says, `Let's impose tariffs on foreign imports,' it looks like they're doing the patriotic thing by protecting American products and jobs. And sometimes for a short while it works - but only for a short time....over the long run such trade barriers hurt every American worker and consumer. Markets shrink and collapse; businesses and industries shut down; and millions of people lose their jobs.

Firms produce goods for households - that's us - and provide us with incomes, and that's even better, because we can spend those incomes on more goods and services. That's called the circular flow of the economy.

That level of trade deficit throttles real growth in our country and continues the unfortunate path of selling out America. We are not winning the global trade war, we are losing it badly.

Too often, we restrict trade that would create U.S. jobs and is in our national interest.

While I believe firmly in open markets and free trade, I also believe an open market needs a level playing field.

I predicted in 1950 that in five years, manufacturers the world over would be screaming for protection. It took only four years.

I think bolstering free trade is a boon to the dollar.

I'm a free market person, a free trader. But if we had a market in California, there would be competition.

The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.

In the broad and sweeping sense which the use of the term generally implies, I am not a free-trader.

A capitalist economy hums when leading businessmen are bubbling with animal spirits and are prepared to sink their money into risky ventures.

Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.

You should not expect to find a big U. S. market for your goods because Japan does not make the things Americans want.

We have little of no inflation in manufacturing goods because more and more we buy products from abroad at very cheap prices.

The European conflict shall not be continued by economic war after the military operations have ceased. British policy shall be directed toward promoting free commercial intercourse between all nations …

One by one, trade and investment barriers will continue to be swept away by globalization, like leaves on an autumn day…The new challenge will be less to regulate relations among national economies, than to establish the rules and structures of a transnational economy.