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Excerpt from An Essay on the External Corn Trade It was stated in the first edition of this work, that when a tax is imposed on any domestic article, a duty of equal amount should be imposed on the importation of the similar foreign article, and a bounty, also of equal amount, should be granted on the exportation of the One, and the re exportation of the other. This was consi der'ed, in the first instance, as a somewhat startling proposition, and as one savouring, not of the enlightened doctrines of free trade, but rather of the exploded system of legisla tive restriction and encouragement. The principle, however, was adopted by Mr.' Ricardo, in his valuable Treatise on the Protec tion' of Agriculture, who explained and enforced it with his usual ability. It is now generally admitted that this principle, instead of being Opposed to the doctrine of free trade, is part and parcel of that doctrine, inasmuch as it tends to restate that natural equilibrium between the dif ferent branches of industry, which squill brium taxation occasionally disturbs. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
The purpose of this book is to provide a comprehensive account and reconsideration of the contribution to political economy of Thomas Tooke (1774-1858), classical economist and influential monetary theorist. Its chief purpose is to examine Tooke’s contributions to political economy with the aim of bringing to light its unified nature and its important legacy to contemporary economics. In doing so the book aims to throw new light on monetary analysis within the framework of classical economics. There remains no comprehensive account of Tooke’s contributions that is concerned with showing his lasting and ongoing influence on the development of monetary thought. The book provides an interpretation and analytical study of Tooke’s political economy from the standpoint of the classical tradition. This enables a demonstration of how his constructive contribution throws a new light on monetary thought in this tradition.
Samuel Hollander' s work has been provoking discussion and debate for over four decades. This book brings together some of his key work from recent years, in addition to some brand new pieces. The essays are brought together by an introductory chapter, in which Hollander offers new perspectives and reflections on his past work. This collection is particularly notable in bringing to the fore work that is of particular relevance to contemporary problems and debates. In particular, Hollander puts forward his interpretation of Adam Smith' s ...
A Prelude to the Foundation of Political Economy is a groundbreaking volume of theory and strategy on political economy and polity of the twenty-first century. Distilled in concrete terms, it elucidates the enigma of oil in view of the centrality of global social relations.
Features a collection of essays on the Irish and English economists of the 18th and 19th centuries.
Nassau Senior is one of the most significant economists in the classical tradition. This study is based both on his unpublished and published lectures and writings.
The Rise of Free Trade Imperialism seeks to uncover some of the intellectual origins of the imperialism of the classic period, the sources from which later theories of imperialism were constructed, and the character of the ideology which underlay the dismantling of the old colonial system and the construction of the Victorian Pax Britannica. The author discusses the development and diffusion of a number of the central arguments of the 'science' of political economy, from the standpoint of a historian rather than an economist, which were crucial not only to the construction of theories of capitalist imperialism, but also served as a spur both to efforts at colonization, and to establishing a British Workshop of the World.