Debate: "The loss which a nation incurs by protection [tariffs and import quotas] is only one of values, but it gains powers by which it is enabled to go on producing permanently inestimable amounts of value. This loss of value should be regarded merely as the price paid for the industrial educational of the nation

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Debate: "The loss which a nation incurs by protection [tariffs and import quotas] is only one of values, but it gains powers by which it is enabled to go on producing permanently inestimable amounts of value. This loss of value should be regarded merely as the price paid for the industrial educational of the nation" (FriedRich List, 1841).
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