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Protectionism merely prolonged the decline of inefficient firms but did not raise productivity and therefore failed to prevent their ultimate death. Even as the government continued to raise tariffs, the domestic textile industry continued
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“We want simple stories, with pure heroes and pure villains, and our minds rebel at the notion of bad outcomes arising from good deeds.”
― The Next Factory of the World: How Chinese Investment Is Reshaping Africa
― The Next Factory of the World: How Chinese Investment Is Reshaping Africa
Mesh’s 2025 Year in Books
Take a look at Mesh’s Year in Books, including some fun facts about their reading.
542 books
|
107 friends
101 books
|
23 friends
1,197 books
|
672 friends
388 books
|
264 friends
131 books
|
50 friends
54 books
|
5 friends
12 books
|
2 friends
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