Hastings George Fitzhardinge Berkeley
Wealth and Welfare: Or Our National Trade Policy and Its Cost is a book written by Hastings George Fitzhardinge Berkeley and first published in 1887. The book is a critique of Britain’s trade policy at the time, which Berkeley argues was focused on protecting the interests of manufacturers and merchants at the expense of the wider population. He argues that this policy was not only unfair, but also inefficient, as it prevented Britain from benefiting fully from the global economy.Berkeley begins by providing a historical overview of Britain’s trade policy, including the Navigation Acts and the Corn Laws. He then critiques the current policy, arguing that it is based on a flawed understanding of economics and that it is hurting the country’s overall welfare. He argues that free trade, rather than protectionism, is the best way to ensure that the country’s wealth is distributed fairly and that everyone benefits from economic growth.Throughout the book, Berkeley provides detailed analyses of various aspects of Britain’s trade policy, including tariffs, the balance of trade, and the impact of protectionism on different industries. He also discusses the role of government in promoting trade and argues that the government should take a more active role in ensuring that the benefits of trade are distributed fairly.Overall, Wealth and Welfare is a thought-provoking critique of Britain’s trade policy in the late 19th century. Although written over a century ago, many of the issues raised by Berkeley are still relevant today, making this book a valuable resource for anyone interested in the history of trade policy or the economics of free trade.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world’s literature in affordable, high quality, modern editions, that are true to their original work.