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State Aid and State Interference

State Aid and State Interference


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Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: length into the description of the many conditions we find co-mbined into each result. And I summarise in this chapter the analysis of the bundles or effects which are analysed in detail in the succeeding chapters. In Industry and Commerce there is one great lever to State Interference, known to the world as Protection. It is the interference by Government with what is imported into a country for the avowed purpose of securing certain ends for the home industries and commerce. It is thus that investigations naturally group themselves round the problem?Is Protection, in the popular sense of the term, State Interference or State Aid ? Does it assist or impede wholesome natural development ? 3. Among the formulas that have become the stock-in-trade of this Ignorance none is more frequently met with than the pointing to the United States as an example contradictory of all that is credited to Free Trade. We are told, How is it, if all this be true about Free Trade, that the United States, with their stringent Protection, develop so fast, manufacture so much, and are generally so prosperous? The sum total of the answer is that in every point in which the United States do flourish and prosper it is in spite of, and notbecause of Protection. The chief sources of wealth over the vast interior?the foods and the raw materials?are being worked under the stimulating aegis of absolute Free Trade. By the constitution of the United States it is strictly forbidden for any one of the States to levy customs duties on goods entering from any other State. And the United States are as large as Europe and as rich in all natural wealth. The high tariff can affect this community in two ways. In the first place it affects alone by imports; and the population of the United States imports but...


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Product Details
  • ISBN-13: 9780217562997
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 58
  • Spine Width: 3 mm
  • Width: 189 mm
  • ISBN-10: 021756299X
  • Publisher Date: 17 Jan 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 122 gr


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