ISSN: 0306-8293
Online from: 1974
Subject Area: Economics
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| Title: | Must protectionism always violate rights? |
|---|---|
| Author(s): | Walter Block, (Economics Department of College of the Holy Cross, Worcester, Massachusetts, USA), Robert W. McGee, (W. Paul Stillman School of Business, Seton Hall University, South Orange, New Jersey, USA) |
| Citation: | Walter Block, Robert W. McGee, (1997) "Must protectionism always violate rights?", International Journal of Social Economics, Vol. 24 Iss: 4, pp.393 - 407 |
| Keywords: | Protectionism, Rights issues, Trade barriers |
| Article type: | Case study |
| DOI: | 10.1108/03068299710162231 (Permanent URL) |
| Publisher: | MCB UP Ltd |
| Abstract: | Explores the question of whether protectionist policies must always violate someone’s rights, or whether it is possible to have a protectionist policy that does not violate rights. Discusses the weaknesses of a utilitarian approach to trade theory, then goes on to examine the major forms of protectionism, including tariffs, quotas, anti-dumping laws, and the deliberate manipulation of exchange rates. Discusses rights and makes a distinction between positive and negative rights. Applies rights theory to trade policy and concludes that protectionism necessarily violates someone’s rights to property, contract or association - unless it is done on a voluntary basis. |
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