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Protection or Free Trade

An Analysis of the Ideas of Henry George on International Commerce and Wages

Bibliographic Data

ID19002107
AuthorsThomas L Martin (0000-0002-0544-2129, University of Central Florida, corresponding author)
Year1989
Volume48
Issue4
Pages489-502
Publication date1989-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.1989.tb02139.x
OpenAlexW2119419773
LanguageEN
Citations received2
References cited3

A bstract . Henry George , the 19th century American economist and social philosopher, abandoned protectionism and became a free trader when he engaged in the great tariff debate of the last quarter of his century. In the controversy, a true follower of Adam Smith, he anticipated neoclassical positions on the tariff question, particularly the Stolper‐Samuelson theory which predicts that free trade will increase the prices of the abundant factors of production relative to the prices of the scarce factors. George's concern in the great debate was labor; he was convinced that only certain interests representing capital or resource ownership would benefit from protection at the cost of labor and the enterprises in fields with more abundant resources. But the free trade effort failed and in 1894 the Wilson‐Gorman tariff increased the exactions to the highest level yet. The protectionist tide, only slowed by the Woodrow Wilson Administration, was not reversed until after World War II

Capital (architecture) · Economic history · Economics · Free market · Free trade · George (robot) · International economics · International trade · Political science · Politics · Protectionism · Quarter (Canadian coin) · Tariff · Global trade and economics · History · Law

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Unique citing works2
Citations per year0,07
Citation span1998 - 2012 (15)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 2

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