Facts And Fallacies Of Modern Protection (1879)

Facts And Fallacies Of Modern Protection is a book written by Bernhard Ringrose Wise in 1879. The book is a comprehensive analysis of the protectionist policies adopted by the United States government during the late 19th century. Wise argues that these policies are based on fallacious economic theories and are ultimately harmful to the American economy.The book is divided into four parts. The first part provides an overview of the protectionist policies adopted by the United States government and their impact on the economy. The second part examines the economic theories that underpin protectionism and exposes their flaws. The third part analyzes the impact of protectionism on various sectors of the economy, including agriculture, manufacturing, and trade. The fourth and final part offers a critique of popular protectionist arguments and proposes alternative policies that would be more beneficial for the American economy.Throughout the book, Wise uses a combination of economic theory and empirical evidence to support his arguments. He also includes numerous examples from contemporary American politics and economics to illustrate his points. The book is written in a clear and concise style, making it accessible to both scholars and general readers.Overall, Facts And Fallacies Of Modern Protection is a seminal work in the history of American economic thought. It provides a thorough and incisive critique of protectionism and offers alternative policies that are still relevant today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.