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:
“I would rather be a beggar and single than a queen and married.”
—Elizabeth I (1533–1603)
“On desperate seas long wont to roam,
The hyacinth hair, thy classic face,
Thy Naiad airs have brought me home
To the glory that was Greece,
And the grandeur that was Rome.”
—Edgar Allan Poe (1809–1849)
“Jealousy is both reasonable and belongs to reasonable men, while envy is base and belongs to the base, for the one makes himself get good things by jealousy, while the other does not allow his neighbour to have them through envy.”
—Aristotle (384–322 B.C.)