William Gladstone on fair trade

By Alex Singleton | 3 February 2005

"Fair trade bears a suspicious likeness to our old friend protection. Protection was dead and buried 30 years ago, but he has come out of the grave and is walking around in the broad light of day. But after long experience underground, he endeavours to look more attractive than he used to appear... and in consequence he found it convenient to assume a new name."

- William Gladstone (1809 - 1898), former UK Prime Minister

(via Samuel Brittan)