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

Isaac Butts

9780267296828: Protection and Free Trade: An Inquiry Whether Protective Duties Can Benefit the Interests of a Country in the Aggregate (Classic Reprint)

Hardcover

ISBN 10: 0267296827 ISBN 13: 9780267296828

Publisher: Forgotten Books, 2018

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How do tariffs affect the value of work and the wealth of a nation? This book argues that protection shifts who profits and at what cost, challenging common views on trade policy.

In these pages, the author analyzes how labor, nature, and the price of goods determine value, and how protective duties can change the direction of production. The discussion draws on practical examples and a steady, evidence-based approach to economic thinking.

The volume frames a clear question: can protective tariffs really benefit a country in the aggregate? It traces how labor seeks the best return when natural gifts and regulation interact, and why markets may respond differently under tariff walls than under free exchange. The text connects foundational ideas about value to real-world consequences for producers, workers, and consumers.

How value is formed when labor and natural resources interact
Why tariffs can redirect production and alter profits
Critiques of protectionism from a free-trade perspective
Implications for policy and the global flow of goods

Ideal for readers of political economy, trade policy, and economic history who want a rigorous, historically grounded look at protection and free trade.

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