The Premises of Free Trade Examined

absurd Adam Smith advantage aggregate annual product argues argument Bastiat bricklayers British bushels of wheat capi coal conclusion consume consumption deductive Deductive reasoning demand for commodities demand for labor diminished diminution doctrine Dublin duction economist employ England English entitled Some Leading equal error exchangeable value existence fact fallacy field of employment fixed capital floating capital foreign trade francs free-trade French products French silks funds hats income increase interests Ireland Irish J. S. Mill John Stuart Mill landlords logic manufactured products mechanical and manufacturing ment MORRILL Tariff nation never can exceed obtain ourselves paragraph political economy portion premises Professor Cairnes Professor Cairnes's profits promote abundance proposition protectionist protective law quantity railroads raw produce real wages says society Sophisms steamship stock of commodities sufficiently supply suppose supposition surplus stock syllogism tariff things tion unem unemployed capital United venerable blunders whole wine