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Unwise Laws: A Consideration of the Operations of a Protective Tariff Upon Industry, Commerce, and Society (Classic Reprint) - Softcover

 
9781330731376: Unwise Laws: A Consideration of the Operations of a Protective Tariff Upon Industry, Commerce, and Society (Classic Reprint)

Synopsis

Excerpt from Unwise Laws<br/><br/>As an answer to the first question: It is written because every writer or speaker appears to have handled this subject from the standpoint Of some particular interest to be benefited, and few have attempted to treat the subject Of a protective tariff in a comprehensive manner. Some attack our tariff because they think it affects some industry or interest in which they are interested, and when that particular interest is relieved, then their hostility to the tariff ceases. Some object to our tariff because it hinders the free importation Of so-called raw mate rials, _and when they are admitted free their opposition is silenced. Some again are vehement Opponents Of our tariff because under it we cannot import Ships without paying duties on them,' but give them free ships and they have nothing more to say against the tariff. But few, if any, attack the principle of protection, and remain true to t/zez'r premises. In this volume I march to the attack Of the very citadel of protection. I aim my shafts at its very heart, and if I fail in my Object it is not because my position is unsound, but because my pen is feeble. As will be seen, I am Opposed to preferences and privileges Of every kind, and demand that every citizen shall be as untrammelled (recognizing of course the necessity and the right Of the government to raise all the revenue it re quires for the economical administration Of its affairs) in his commercial and industrial relations as he is in his political relations.

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  • PublisherForgotten Books
  • Publication date2020
  • ISBN 10 1330731379
  • ISBN 13 9781330731376
  • BindingPaperback
  • LanguageEnglish
  • Number of pages193

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Lewis H. Blair
Published by Forgotten Books, 2020
ISBN 10: 1330731379 ISBN 13: 9781330731376
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Paperback. Condition: New. Print on Demand. This book is an exploration of unwise and special laws throughout history, arguing that laws which discriminate and favor some interest or group are always unjust and, therefore, ultimately harmful to a nation. The author goes on to show how these laws took hold in the US, examining their impact on the nature of industry and social organization, showing how these special laws are the source of instability in the nation's commercial and economic affairs. The author posits that the main culprit in this realm is protectionist legislation which creates artificial scarcity, and hence higher prices for goods, and this stimulates production to the point of creating bubbles that invariably burst. The author convincingly argues that protectionism creates instability and is the primary cause of economic crises, panics, and depressions. The book concludes by examining how and why this system of unwise laws has persisted, despite its negative consequences for society, offering insights into the nature of special interests and their influence on government. 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. Seller Inventory # 9781330731376_0

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ISBN 10: 1330731379 ISBN 13: 9781330731376
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330731376

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ISBN 10: 1330731379 ISBN 13: 9781330731376
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