The Dynamics of the Fiscal Problem - Softcover

Vivian St. Clair Mackenzie

 
9781333371968: The Dynamics of the Fiscal Problem

Synopsis

This book explores the evolution of the British fiscal policies from the 18th century wealth of Nations to the early 20th century. The author suggests a distinction between the original theory of Free Trade and the Free Exchange policies that were actually implemented. The author argues that Free Exchange, in its implemented form, could never have been applied to modern conditions and that most of the positive changes to social and economic life during the Victorian era were not caused by Free Exchange. Instead, the author identifies a range of social and economic trends throughout the period as resulting in increasing pressure for protectionist policies. Overall, this book is an insightful look at the varying face of fiscal policy in the UK over the course of time.

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