Share on Facebook Share on Twitter Comment on this quote Share via Email Print this Page Walter Block Quote “Protectionism is a misnomer. The only people protected by tariffs, quotas and trade restrictions are those engaged in uneconomic and wasteful activity. Free trade is the only philosophy compatible with international peace and prosperity.” ~ Walter Block Senior Economist, The Fraser Institute Socialism , Protectionism , Economics , Peace , Prosperity Ratings and Comments SaveOk2 SaveOk2 View CommentsClick to view or comment. Share on Facebook Tweet Email Print This Walter Block quote is found in these categories: Socialism quotes Protectionism quotes Economics quotes Peace quotes Prosperity quotes About Walter Block Bio of Walter Block Quotations by Walter Block Books by/about Walter Block Walter Block videos Walter Block on Wikipedia Astrological chart for Walter Block