Economics and World History: Myths and ParadoxesWe cherish many myths about our histories. Not the least of these myths are those about economic history: such as the roots of depressions, the causes of growth and the reasons behind nations' different stages of economic development. Paul Bairoch sets out in this book to demolish 18 such myths and to reveal generally unnoticed but economically important turning points in modern economic history. |
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Page 33
The major contribution of Hamilton is the emphasis he put on the idea that industrialization is not possible without tariff protection . He was apparently the first to have introduced the term ' infant industries ' .
The major contribution of Hamilton is the emphasis he put on the idea that industrialization is not possible without tariff protection . He was apparently the first to have introduced the term ' infant industries ' .
Page 36
This means that from 1870 to 1880 onwards tariff events in the United States became events of world importance . The United States : from ' infant industries ' arguments to the protection of American wages ( 1861-1914 ) As noted earlier ...
This means that from 1870 to 1880 onwards tariff events in the United States became events of world importance . The United States : from ' infant industries ' arguments to the protection of American wages ( 1861-1914 ) As noted earlier ...
Page 38
World War i prevented the tariff of October 1913 from having any important role , and following the return to power of the Republican Party in May 1921 new ' emergency ' tariff legislation came into force on 22 September 1922.
World War i prevented the tariff of October 1913 from having any important role , and following the return to power of the Republican Party in May 1921 new ' emergency ' tariff legislation came into force on 22 September 1922.
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Contents
Was there Free Trade in the Rest of the World? | 30 |
Has Protectionism Always had a Negative Impact? | 44 |
Major Myths on the Role of the Third World in Western | 57 |
Copyright | |
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Common terms and phrases
agricultural products already America annual average Bairoch balance began beginning Britain British capita cereals Chapter cities coal colonial compared concerned considered consumption costs cotton decline deficit depression developed countries duties early economic development economic growth Empire energy especially estimate Europe European example excluding exports fact factors figures foreign France free trade future Germany higher implies important increase indices Industrial Revolution Italy Japan lead least less liberal limited major manufactured means measures million tons myths negative nineteenth century noted period petroleum population present primary probably protection protectionism protectionist rapid raw materials reached regions relative represented rest result role sectors seen share situation Sources Statistics sugar Table tariff terms of trade textile Third World Trade balance turning United Kingdom urbanization various volume West Western
Bibliographic information
| Title | Economics and World History: Myths and Paradoxes |
| Author | Paul Bairoch |
| Publisher | Harvester Wheatsheaf, 1993 |
| ISBN | 074500654X, 9780745006543 |
| Length | 184 pages |
| Export Citation | BiBTeX EndNote RefMan |