Protection and Free Trade (Classic Reprint): An Inquiry Whether Protective Duties Can Benefit the Interests of a Country in the Aggregate - Couverture souple

Butts, Isaac

9781332792740: Protection and Free Trade (Classic Reprint): An Inquiry Whether Protective Duties Can Benefit the Interests of a Country in the Aggregate

Couverture souple

ISBN 10 : 133279274X ISBN 13 : 9781332792740

Editeur : Forgotten Books, 2018

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This book comprehensively examines the concepts of protectionism, value, and their impact on national policy. The author argues that the sum of a nation's labor and natural resources, when combined with intelligent direction, determines the efficiency of production. Any legislation that misdirects these elements diminishes a nation's prosperity. The author maintains that value is not a simple relation or external ratio as some economists argue but rather some property that attaches to or is inherent in a material object, which renders it desirable and enables it to satisfy one's wants. The author asserts that there are only two factors necessary to produce value: human labor and the natural forces. Utilizing these elements, the author argues that the natural forces available to man vary in amount, efficiency, or intensity in different countries, which prompts migration and industrial development.

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 133279274X
ISBN 13: 9781332792740
Reliure: Broch�
Nombre de pages: 193
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Protection and Free Trade (Classic Reprint)

Isaac Butts

Edit� par Forgotten Books, 2018

ISBN 10 : 133279274X ISBN 13 : 9781332792740

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Paperback. Etat : New. Print on Demand. This book comprehensively examines the concepts of protectionism, value, and their impact on national policy. The author argues that the sum of a nation's labor and natural resources, when combined with intelligent direction, determines the efficiency of production. Any legislation that misdirects these elements diminishes a nation's prosperity. The author maintains that value is not a simple relation or external ratio as some economists argue but rather some property that attaches to or is inherent in a material object, which renders it desirable and enables it to satisfy one's wants. The author asserts that there are only two factors necessary to produce value: human labor and the natural forces. Utilizing these elements, the author argues that the natural forces available to man vary in amount, efficiency, or intensity in different countries, which prompts migration and industrial development. 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. N� de r�f. du vendeur 9781332792740_0

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