The Economic Basis of Protection (1896)

The Economic Basis Of Protection is a book written by Simon Nelson Patten in 1896. This book explores the concept of protectionism and its economic implications. Patten argues that protectionism, or the use of tariffs and other trade barriers to protect domestic industries from foreign competition, can be a beneficial economic policy. He posits that protectionism can help to promote the growth of domestic industries, create jobs, and improve the overall economic welfare of a country.Patten also examines the historical context of protectionism, tracing its development from the mercantilist policies of the 17th and 18th centuries to the protectionist policies of the late 19th century. He discusses the various arguments for and against protectionism, including the idea that it can lead to a decrease in international trade and harm the overall global economy.Throughout the book, Patten provides a detailed analysis of the economic theories and principles underlying protectionism. He also offers practical suggestions for implementing protectionist policies, including the use of tariffs and subsidies.Overall, The Economic Basis Of Protection is a comprehensive and insightful examination of the economic implications of protectionism. It remains a valuable resource for economists and policymakers interested in understanding the role of protectionism in modern economic policy.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.