ISBN: 9781330218921 - Sophisms of the Protectionists, Vol. 1 (classic Reprint) (3 results)

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condition: New. Print on Demand. This book is a collection of essays from the 19th-century French economist Frederic Bastiat, who sought to explain economic principles to the layperson to address misconceptions still prevalent today. The main argument and focus is that protectionism, or government intervention in the economy to protect certain domestic industries, is actually harmful to the economy as a whole. Bastiat argues that the best way to improve the economy and make people better off is to promote free trade and reduce government barriers, which stifle economic and societal progress, while free-market capitalism benefits society as a whole in the long term. From government spending, to the role of machinery in economic progress, he offers clear and concise examples of the economic fallacies that plague society. The work serves as a guidebook of sorts, providing readers with the tools to challenge unfounded economic ideas they may encounter on matters including labor, value, and international trade. 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.…