Economist HENRY GEORGE (1839-1897) was, at the height of his popularity in the 1880s and 1890s, considered the third most famous American, behind Mark Twain and Thomas Edison, and his liberal philosophies on taxation, copyrights, poverty issues, and more continue to influence progressive movements today. Here, in this 1886 book, George examines the pressing issues of free trade and protectionism... issues that continue to thwart and challenge our economies today. How do tariffs impact production and revenue? Do high wages necessitate protectionism? What is lacking in arguments for free trade? What are the strengths and weaknesses of both free trade and protectionism? George answers these questions, and others, in this incisive work. ALSO FROM COSIMO: George's Progress and Poverty, The Science of Political Economy, A Perplexed Philosopher, The Condition of Labor, and Social Problems.

Contents Foreword, ix I. Introductory, 1 II. The Nature of Protection, 8 III. Critique of Popular, and Fallacious, Arguments for Protection, 17 IV. The Argument for Free Trade, 50 V. Rational Protection, 63 VI. Anti-dumping Legislation and Special Forms of Foreign Trade Control, 89 VII. The Future Commercial Policy of the United States, 107 Appendix I, 134 Appendix II, 150 Originally published in 1942. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.