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:
“If some beggar steals a bridle
he’ll be hung by a man who’s stolen a horse.
There’s no surer justice in the world than that
which makes the rich thief hang the poor one.”
—Peire Cardenal (c. 1180–1272)
“A little black thing among the snow
Crying “’weep, ‘weep,” in notes of woe!
“Where are thy father & mother? say?”
“They are both gone up to the church to pray.”
—William Blake (1757–1827)
“The ordinary man is an anarchist. He wants to do as he likes. He may want his neighbour to be governed, but he himself doesn’t want to be governed. He is mortally afraid of government officials and policemen.”
—George Bernard Shaw (1856–1950)