4 Matching Annotations
  1. Jul 2021
    1. The Cappers Act of 1488 forbade, on penalty of a fine, the wearing of foreign-made caps in England and Wales. A further Act of Parliament in 1571, during the reign of Elizabeth I, stated that every person above the age of six years (excepting "Maids, ladies, gentlewomen, noble personages, and every Lord, knight and gentleman of twenty marks land") residing in any of the cities, towns, villages or hamlets of England, must wear, on Sundays and holidays (except when travelling), "a cap of wool, thicked and dressed in England, made within this realm, and only dressed and finished by some of the trade of cappers, upon pain to forfeit for every day of not wearing 3s. 4d." This legislation was intended to protect domestic production, as caps were becoming unfashionable and were being challenged by new forms of imported headgear. It was repealed in 1597 as unworkable

      Example of legislating fashion as protectionism.

  2. Oct 2020
    1. A 2016 Lancet study found that universal breast-feeding would prevent 800,000 child deaths a year across the globe and yield $300 billion in savings from reduced health care costs and improved economic outcomes for those reared on breast milk.

      Pure corruption here. Protectionism to prop up profits of approximately 630 million versus major benefits and savings of 300 billion. Even if you look at the calculus of the entire industry of 70 billion it becomes a no brainer.

  3. Jul 2020
  4. Feb 2017
    1. Orbán will sicherstellen, dass die Mehrheit der Banken, Handelsketten und Medien im Land in ungarische Hand gelangen, ausländische Investoren sollen verdrängt werden. Dazu werden Sondersteuern für bestimmte Akteure und Gesetze gegen unliebsame Konkurrenz erlassen.