Lectures (Classic Reprint): First Series: First Series (Classic Reprint) - Softcover

Inhaltsangabe

This book challenges conventional wisdom on international trade, advocating for a return to a system that promotes national economic development. The author argues that the prevailing system of free imports has stifled domestic industry, weakened sea power, and undermined national sovereignty. The author contends that a well-adjusted tariff would stimulate manufacturing production, leading to increased exports of raw materials from other parts of the Empire. This, in turn, would strengthen trade ties and promote political union within the Empire. The author presents a historical analysis of trade policy, arguing that the so-called "mercantile system" of the past was actually sound political economy that led to national prosperity and dominance. The author concludes by emphasizing the need for a positive economic policy that prioritizes the development of national power and prosperity.

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