Two large works were published in the 1800s on the subject in question. The first, Protection or Free Trade: An Examination of the Tariff Question, with Especial Regard to the Interests of Labor, was written by Henry George in 1886. The second, The History of Protective Tariff Laws , was written by R.W. Thompson in 1888. Yet today, over one
Tariffs, Blockades, and Inflation: The Economics of the Civil War , by Mark Thornton and Robert B. Ekelund. Wilmington, Delaware: Scholarly Resources, 2004. xxix +124 pages. The continual stream of books about the Civil War generally focus on soldiers, generals, weapons, uniforms, medical procedures, and battlefield maneuvers—along with the usual
Salerno draws our attention to Mises’s very clear discussion of Ricardo’s assumptions regarding capital and labor mobility, and how the law of comparative cost makes the case for free trade even when Ricardo’s restrictive assumptions do not hold, as they have not held since the late 19th century: Ricardo,. however, starts from the assumption that
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