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Get the APPWhat Is Free Trade?
Chapter 11 ABSOLUTE PRICES.
Word Count: 1081
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Released on: 06/12/2017
If we wish to judge between freedom of trade and protection, to calculate the probable effect of any political phenomenon, we should notice how far its influence tends to the production of abundance or scarcity, and not simply of cheapness or dearness of price. We must beware of trusting to absolute prices: it would lead to inextricable confusion.
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What Is Free Trade?
“Bastiat's "Sophismes Economiques" was translated during the free-trade agitation in England, by Mr. Porter, the author of " Tho Progress of the Nation," and was widely circulated, under the title of " Popular Fallacies regarding General ...”