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Protectionism — No Solution to De‐Industrialisation
Author(s) -
Capie Forrest
Publication year - 1983
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1983.tb00442.x
Subject(s) - protectionism , industrialisation , government (linguistics) , competition (biology) , great depression , international trade , economics , economic policy , political science , business , economic history , market economy , law , philosophy , ecology , linguistics , biology
The increasing appeals for protection from international competition recall the follies of government and industry in the 1930s. Dr Forrest Capie challenges the conventional wisdom that attributes to protection the recovery from the 1930s Great Depression. He argues it was not resuscitation of old industries but the emergence of new industries that brought Britain out of the slump. Will Paul Channon learn the lesson?