The New Protectionism (1916)

The New Protectionism is a book written by John Atkinson Hobson in 1916. In this book, Hobson examines the economic policies of protectionism and argues that they are harmful to both domestic and international economies. He suggests that protectionist policies, such as tariffs and trade barriers, are often used to benefit certain industries or groups at the expense of others. Hobson also argues that protectionism can lead to economic inefficiencies and reduce overall economic growth.Hobson provides historical examples of protectionist policies and their effects on economies, including the British Corn Laws and the Smoot-Hawley Tariff Act in the United States. He also analyzes the political and social motivations behind protectionism, such as nationalism and the desire to protect domestic industries.Throughout the book, Hobson advocates for free trade and argues that it is the best way to promote economic growth and prosperity. He suggests that governments should focus on creating a level playing field for all industries and promoting fair competition, rather than protecting specific industries through protectionist policies.Overall, The New Protectionism is a seminal work on the topic of protectionism and its effects on economies. It provides valuable insights into the history and motivations behind protectionist policies, and argues for the benefits of free trade and fair competition.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.