Stephen N. G. Davies
Abstract
Most treatments of protectionism by economists try to account for the departure on a case-by-case basis. However, protectionism is often an element in a systematic political economy. This was developed by authors such as List, and persists today. Debating it requires normative as well as analytical arguments in a political economy approach.
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Most treatments of protectionism by economists try to account for the departure on a case-by-case basis. However, protectionism is often an element in a systematic political economy. This was developed by authors such as List, and persists today. Debating it requires normative as well as analytical arguments in a political economy approach.
Key concepts: Protectionism, Mercantilism, Normative, Politics, Economics, Element (criminal law), International trade, Political economy