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Stray Thoughts on Wealth and Its Sources (Classic Reprint)

Stray Thoughts on Wealth and Its Sources (Classic Reprint)

33000220
1187.5 руб.
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Excerpt from Stray Thoughts on Wealth and Its Sources

For instance, monopolies furnish means to a few of accumulating riches at the expense of the many, and every one denounces a monopolist as an invader of the rights of his fellow-men; but singularly enough when protection or its synonym, fair trade, is advocated, we find it now frequently received with acclamation by two different classes of people - those who do not understand its principle or those who hope to obtain unfair advantages to themselves by its introduction. The granting of monopolies by Charles I. as a part of his assumed prerogative, cost him his head, and however outrageous may have been such a penalty, for a mere mistake in the estimate of his personal rights, yet even in this enlightened age people cannot or will not see that what is called protection seeks to confer as grievous a monopoly as could well be devised.

Another difficulty in the way of the study of political economy is that it is supposed to involve an intimate acquaintance with statistics, and nothing can be much more repulsive than the contemplation of such a task.

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