Description

"The Fruits of American Protection" is a 1906 treatise on the 1897 Dingley Act, which raised tariffs in United States to counteract the Wilson-Gorman Tariff Act of 1894. In this volume, Hobson looks in detail at the effect this had on industry and the country as a whole, especially the resulting changes to people's well being. Contents include: "Revenue Duties Displaced by Protective Duties", "Protectionists Take Advantage of Financial Stress", "Decreased Revenue Under McKinley Tariff", "The Wilson Bill", "The Dingley Tariff", "Statistics as a Court of Appeal", "Wages and Prices", etc. John Atkinson Hobson (1858 - 1940) was an English social scientist and economist most famous for his work on imperialism--which notably had an influence on Vladimir Lenin--as well as his theory of underconsumption. His early work also questioned the classical theory of rent and predicted the Neoclassical "marginal productivity" theory of distribution. Other notable works by this author include: "Evolution of Modern Capitalism" (1894), "Problem of the Unemployed" (1896), and "John Ruskin: Social Reformer" (1898). Many vintage books such as this are becoming increasingly scarce and expensive. It is with this in mind that we are republishing this volume now in an affordable, modern, high-quality edition complete with the original text and artwork.