Beggar Thy Neighbour
In economics, a beggar-thy-neighbour policy is an economic policy through which one country attempts to remedy its economic problems by means that tend to worsen the economic problems of other countries.
Read more about Beggar Thy Neighbour: Original Application, Extended Application, Other Uses
Famous quotes containing the words beggar, thy and/or neighbour:
“The poor are always ragged and dirty, in very picturesque clothes, and on their poor shoes lies the earth of the Lacustrine period. And yet what a privilege it is to be even a beggar in Rome!”
—M. E. W. Sherwood (18261903)
“Within his crib is surest ward,
This little babe will be thy guard,
If thou wilt foil thy foes with joy,
Then flit not from this heavenly boy.”
—Robert Southwell (1561?1595)
“In great cities men are brought together by the desire of gain. They are not in a state of co-operation, but of isolation, as to the making of fortunes; and for all the rest they are careless of neighbours. Christianity teaches us to love our neighbour as ourself; modern society acknowledges no neighbour.”
—Benjamin Disraeli (18041881)