Free Trade Fallacies Refuted


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Fifty Economic Fallacies Exposed


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Since 1988, Professor Geoffrey Wood of the Sir John Cass Business School, has written a regular column in the IEA's journal, Economic Affairs, in which he exposes popular economic fallacies. Fifty Economic Fallacies Exposed collects fifty of these columns and exposes numerous common fallacies. These lucid and stimulating columns are invaluable to students struggling to master some of the complexities of economic theory and its applications, who often find the most effective way to learn economic analysis is to see such fallacies exposed. It is a text particularly suitable for first year economics students, complementing existing textbooks as it does, and clarifying basic concepts in economics while demonstrating the practical uses of economic theory.




The Encyclopædia Britannica


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Protection and Politics


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Examination of debate within the Conservative party over the principles of free trade. The complex and troubled relationship between protectionism and Conservatism in nineteenth-century Britain is the focus of this book. It looks at how the developing free-trade orthodoxy was challenged within Conservatism, and offers new perspectives on the intellectual controversies which precipitated the Conservative party's split of 1846 and the intricate denouement of 1846-52. In contrast to traditional accounts, it also seeks to explore the intellectual character of opposition to the evolving mid-Victorian consensus framed around free trade, laissez-faire and sound money, revealing how Conservatives debated key aspects of economic policy. Through an exhaustive reading of Conservative journals, pamphlets and contributions to parliamentary debates, the author is able to expose an alternative set of ideas about the direction of British economic and social change and the role of government in moulding it. Dr ANNA GAMBLES is lecturer in modern British history, University of Kent at Canterbury.