Protection or Free Trade (Classic Reprint): An Examination of the Tariff Question, With Especial Regard to the Interest of Labor: An Examination of ... to the Interest of Labor (Classic Reprint) - Softcover
Book 30 of 34: Routledge Library Editions: International Trade Policy
Synopsis
Tariffs promise to protect some jobs, but they often raise prices and slow broader growth.
This work argues that free trade best aligns law, policy, and real prosperity for all.
Henry George’s analysis of Protection or Free Trade lays out how protective duties ripple through an economy. He shows that the net gain to protected producers is typically small once higher prices paid by consumers are counted. The book explains how duties tend to divert resources from other industries and can invite monopolistic advantages rather than sustained expansion. It also traces how private ownership of land and other privileges can capture profits that do not reflect productive effort.
Readers will see a practical map of how production, wages, and prices interrelate under protectionist policies. The work frames a broad argument for free trade as a principle and a policy, linking economic outcomes to political and social effects. It discusses the roles of land, labor, and capital as factors of production and why ownership structures influence the distribution of wealth.
- Why higher prices from tariffs can harm more than they help
- How protection may create, rather than curb, market power
- The three factors of production and their influence on value and wages
- The case for free trade as a universal approach to policy and peace
Ideal for readers of economic history and policy debates seeking a rigorous defense of free trade and a critical view of protectionism.
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Product Description
Excerpt from Protection or Free Trade: An Examination of the Tariff Question, With Especial Regard to the Interest of Labor
To avoid any appearance of culling absurdities, I have, in referring to the protectionist position, quoted mainly from the latest writer who seems to be regarded by American protectionists as an authoritative exponent of their views - Professor Thompson of the University of Pennsylvania.
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Protection or Free Trade: An Examination of the Tariff Question
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Paperback. Condition: New. Print on Demand. This book delves into the age-old debate surrounding free trade versus protectionism, exploring its impact on labor and the economy. The author, writing in an era when the debate was at its peak, argues that the protective theory, with its emphasis on national self-sufficiency, is deeply flawed. He questions the assumption that each nation must act independently, arguing that this approach fosters conflict and undermines the potential for global cooperation and prosperity. The book goes beyond simply advocating for free trade, seeking to understand the underlying forces that drive economic disparity and the inherent challenges faced by laborers. The author highlights the dangers of protectionism as a form of government intervention that can ultimately lead to further exploitation of the working class, arguing instead for the power of freedom and individual agency. He draws upon historical examples, including the British colonial system and the Irish experience under protectionist policies, to support his arguments. Ultimately, the author aims to shed light on the true nature of free trade and its potential to liberate both individuals and nations from the shackles of protectionist policies, paving the way for a more just and prosperous future. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781330202517_0
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Protection or Free Trade: An Examination of the Tariff Question, with Especial Regard to the Interest of Labor (Classic Reprint)
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Paperback. Condition: Brand New. 349 pages. 8.90x5.90x0.90 inches. This item is printed on demand. Seller Inventory # zk1330202511
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