The New Protectionism (1916)

The New Protectionism is a book written by John Atkinson Hobson and published in 1916. The book explores the concept of protectionism, which is the economic policy of restricting imports in order to protect domestic industries from foreign competition. Hobson argues that protectionism is a flawed policy that ultimately harms both the domestic economy and international relations.In the book, Hobson provides a historical overview of protectionism and its impact on various countries throughout the world. He also examines the political and economic motivations behind protectionist policies and the ways in which they are implemented.Hobson argues that protectionism leads to economic inefficiency, as it encourages domestic industries to become complacent and uncompetitive. He also contends that protectionism can lead to international conflict, as countries engage in trade wars and retaliatory measures against one another.The New Protectionism is a seminal work in the field of international economics and remains relevant today, as protectionist policies continue to be debated and implemented around the world. Hobson's arguments against protectionism provide a compelling case for free trade and the benefits it can bring to both domestic and international economies.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.