Lectures On The Restrictive System: Delivered To The Senior Political Class Of William And Mary College, Issue 2 - Softcover

Thomas Roderick Dew

Softcover

ISBN 10: 0461766655 ISBN 13: 9780461766653

Publisher: HardPress, 2021

Synopsis

Lectures On The Restrictive System: Delivered To The Senior Political Class Of William And Mary College, Issue 2 by Thomas Roderick Dew. This work is a 19th-century economic treatise defending free trade and critiquing restrictive commercial policies. Dew argues that wealth arises from aggregate capital, labor, and productive resources rather than money; government should not meddle in private enterprise. The lectures develop a theory of value based on supply and demand, division of labor, and the price components of wages, profits, and raw materials. He critiques mercantile and agricultural systems and argues that international commerce benefits all nations when left free, with rare exceptions for national defense or retaliation. The book surveys the moral, health, and political impacts of manufacturing and trade, warns against the dangers of a protected domestic industry, and defends laissez-faire as a means to national prosperity. It also analyzes the mechanisms of exchange, money, and market dynamics, drawing on Say, Ricardo, and other classical economists to argue for liberal policy.

Edition details

• Publisher: HardPress
• Publication date: 2021
• Language: English
• ISBN 10: 0461766655
• ISBN 13: 9780461766653
• Binding: Paperback
• Number of pages: 220