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

Buch 30 von 34: Routledge Library Editions: International Trade Policy

George, Henry

 
9781330202517: 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)

Inhaltsangabe

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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