First published 1904
The Return to Protection
The Return to Protection by William Smart is available as a free PDF and EPUB download at freecapitalists.org.
- William Smart
- First published
- 1904
- Format
- PDF and EPUB
- Pages
- 296
- ISBN
- 9781610160568
- Publisher
- New York: The MacMillan Company
- License
- Believed to be in the public domain by publication date; not independently confirmed.
Markets, trade & industry War & foreign policy
William Smart was the outstanding Austrian in England during his generation, a leading advocate of the marginalist school. But he was more than that: he was a dedicated champion of laissez-faire trade policy in the tradition of Cobden and Bright. He knew that the principles of free trade had to be explained in every generation. He did so in this series of passionate lectures first published in 1904. What's extraordinary is how they all hold up today. He addresses every common fallacy of protectionism, including dumping, revenue claims, infant industry, war sanctions, and a dozen other topics. This book should be included among the great trade classics, but it has been unfairly overlooked. This new edition brings his work into the public consciousness so that Smart's wisdom on trade can be part of the current-day understanding.
Questions
About this book and this copy
- Is The Return to Protection free to download?
- Yes. The complete 296-page PDF and EPUB downloads directly from this page (10.1 MB). There is no signup, no account and no paywall.
- How long is The Return to Protection?
- 296 pages, 32 chapters, and about 72,771 words in the edition this archive serves.
- Who wrote The Return to Protection?
- William Smart (1853–1914) was a British economist and translator who played a major role in making the works of the Austrian School available to the English-speaking world. This archive holds 2 of Smart's works.
What's in it
31 chapters · 72,771 words · page numbers are this file's
- Cover Pagep. 2
- Prefacep. 8
- Chapter I - What Trade Isp. 12
- Chapter II - Our Foreign Tradep. 18
- Chapter III - The Balance of Tradep. 26
- Chapter IV - The Equivalence of Imports and Exportsp. 39
- Chapter V - Some Conclusions and a Moralp. 47
- Chapter VI - The Rival Policiesp. 56
- Chapter VII - Protectionp. 64
- Chapter VIII - The Principle of a Protective Tariffp. 78
- Chapter IX - Possibility of a Scientific Tariffp. 87
- Chapter X - Conclusions as to Protectionp. 100
- Chapter XI - Protection as Indirect and Delegated Taxationp. 104
- Chapter XII - Protection Judged by the Canons of Taxationp. 119
- Chapter XIII - Retaliationp. 129
- Chapter XIV - Retaliation on Protective Tariffs: Prospects of Successp. 134
- Chapter XV - Retaliation on Protective Tariffs: Method and Effectsp. 147
- Chapter XVI - Dumpingp. 155
- Chapter XVII - Retaliation on Dumpingp. 171
- Chapter XVIII - Tests of Prosperityp. 181
- Chapter XIX - Exports as a Test of Prosperityp. 190
- Chapter XX - The Stagnation of Exportsp. 197
- Chapter XXI - Employment as Affected by Exports and Importsp. 211
- Chapter XXII - Preferential Tariffsp. 227
- Chapter XXIII - The Canadian Preferencep. 230
- Chapter XXIV - Our Possible Gain From Colonial Preferencep. 238
- Chapter XXV - The Price of Preferencep. 245
- Chapter XXVI - How Preference Will Affect Agriculturep. 256
- Chapter XXVII - The Price of Empirep. 260
- Chapter XXVIII - Taking Stockp. 271
- Appendix: The Abuse of Shipping Statisticsp. 286
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