Free Trade Under Protection (1889)

Free Trade Under Protection is a book written by Richard Gill in 1889. The book is an exploration of the economic theory of free trade and its relationship to protectionism, which is the practice of protecting domestic industries from foreign competition through tariffs or other trade barriers. Gill argues that free trade is the best policy for promoting economic growth and prosperity, and that protectionism ultimately harms both domestic and foreign economies.The book is divided into three parts. The first part provides an overview of the history of trade policy and the arguments for and against free trade. Gill argues that free trade has been the dominant economic policy throughout history, and that protectionism has only been used in limited cases where there was a perceived threat to domestic industries.The second part of the book examines the economic impact of free trade and protectionism. Gill argues that free trade promotes competition, innovation, and specialization, which lead to higher productivity and lower prices. Protectionism, on the other hand, leads to higher prices, reduced competition, and decreased innovation.The final part of the book explores the political and social implications of free trade and protectionism. Gill argues that free trade promotes peace and cooperation between nations, while protectionism can lead to conflict and isolationism. He also discusses the role of government in regulating trade and promoting economic growth.Overall, Free Trade Under Protection is a comprehensive examination of the economic theory of free trade and its relationship to protectionism. The book provides a detailed analysis of the benefits and drawbacks of both policies, and argues that free trade is ultimately the best policy for promoting economic growth and prosperity.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.