Arvind Panagariya Quotes
The countries that stand to benefit most from greater competition and openness are those nations that display the highest protection.
Arvind Panagariya, Codirector, Center for International Economics, University of Maryland, “International Trade,” Foreign Policy, November/December 2003
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Turgot was one of the most advanced economic thinkers in Europe and realized, even before most of the Americans, that by freeing itself England, that the Americans would be forced to become free traders and that in turn would make America a major Economic power despite the fact that American economic policy over the years vacillated between protectionism and free trade.
It was a classic economic protectionist practice to for an imperial nation to sell manufactured goods to its colonies, but not to allow the colonies to sell high labor value goods back to the mother country. The early American colonies were victims of this, and Brandgee was the leader of the protectionist wing of the Republican party. See {640519} for William Howard Taft’s opinion of him.
Arvind Panagariya is an Indian-American economist and a professor of economics at Columbia University, who served as first vice-chairman of the government of India think-tank NITI Aayog between January 2015 and August 2017.