"The Napoleonic blockade & the infant industry ..." Topic
1 Post
All members in good standing are free to post here. Opinions expressed here are solely those of the posters, and have not been cleared with nor are they endorsed by The Miniatures Page.
Please avoid recent politics on the forums.
For more information, see the TMP FAQ.
Back to the Napoleonic Media Message Board
Areas of InterestNapoleonic
Featured Hobby News Article
Featured Link
Featured Ruleset
Featured Showcase Article
Featured Workbench Article
Featured Profile Article Part II of the Gates of Old Jerusalem.
|
Please sign in to your membership account, or, if you are not yet a member, please sign up for your free membership account.
Tango01  | 29 Dec 2016 3:45 p.m. PST |
…argument: caveats, limitations, reservations. "Some caveats and reservations about the Napoleonic blockade paper on the infant industry argument that's making waves. My caveat: protection persisted for decades after the blockade and may have helped keep the French cotton industry backward relative to Britain.
Noah Smith had a Bloomberg column on the infant industry argument with a nice mention of Reka Juhasz's paper on the Napoleonic blockade. It's long been plausibly argued by historians that Napoleon's attempt to embargo Britain acted as a kind of de facto protection from British competition for cotton industries across Europe.
Juhasz's paper deserves the accolades it has received. It is the first truly rigourous demonstration that temporary protection for a fledgling industry can ‘work' — work in the sense that a country doing the protection can begin to acquire comparative advantage in that sector, and this has long-lasting effects over many decades…"
Main page
link Amicalement
Armand |
|
paints brigs for the British fleet.
