Two Arguments for Protection

Leonard Gomes
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Leonard Gomes: Middlesex Polytechnic

Chapter 5 in Neoclassical International Economics, 1990, pp 86-90 from Palgrave Macmillan

Abstract: Abstract In 1905 the Austrian academic economist, Richard Schiiller, published an argument for protection based on the normal existence of idle natural resources in all countries.1 Years later, Haberler provided a trenchant refutation of it, but commented that Schiiller’s argument ‘ranks with justice as one of the most profound arguments for tariffs’.2

Keywords: Wage Differential; Unit Labour Cost; Money Wage; Idle Resource; Domestic Distortion (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1057/9780230371552_5

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