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On Free Trade and Protectionism Adam Smith Author

by Adam Smith

2021-04-12 00:19:00

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Up until the 18th century, most people thought foreign trade had to be controlled by the state. This was called mercantilism. But economists began arguing that free international trade -- just like free domestic trade -- made nearly everybody richer.... Read more
Up until the 18th century, most people thought foreign trade had to be controlled by the state. This was called mercantilism. But economists began arguing that free international trade -- just like free domestic trade -- made nearly everybody richer. Adam Smith was one these early economists, and his writing on this topic is just as persuasive as when he wrote it almost 250 years ago. (This book is excerpted from the Wealth of Nations.) Less

Book Details

PublisherLaissez Faire Books
Publication date November 12, 2015
ISBN2940157846930
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Adam Smith
Author
Adam Smith FRSA (16 June [O.S. 5 June] 1723 – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during th...

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