Report on ManufacturesHamilton, Alexander
Report on Manufactures
by Hamilton, Alexander · first published 2022
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2010–2024first – last mentioned
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What's wrong with restrictions on trade? Alexander Hamilton's 1791 Report on Manufactures spells out why they are so damn important, and this line of thinking ruled American policy for the next 150 years. America industrialized itself using protectionism. It's trade liberalization that is…
on “996 working hour system” ↗…mercantilism. http://en.wikipedia.org/wiki/Mercantilism This is how the United States developed in the past. Alexander Hamilton's economic strategy for the United States followed a similar script. See his Report on Manufactures: http://en.wikipedia.org/wiki/Report_on_Manufactures This report was read by Friedrich List, who then wrote a similar development strategy for the 19th C. German economy. It was this strategy that made…
on “What Is the Chinese Economic Model?” ↗…returned home, he built his own version of the loom, and became the most successful industrialist of his time. >The American government often encouraged such piracy. Alexander Hamilton, in his 1791 “Report on Manufactures,” called on the country to reward those who brought us “improvements and secrets of extraordinary value” from elsewhere. State governments financed the importation of smuggled machines. And although federal…
on “China Once Looked Tough on Trade. Now Its Options Are Dwindling” ↗…North states against the free trade states of the South at the end of the Civil War (1861–1865) perpetuated this trend, even during periods of free trade in Europe (1860–1880).[5] Beginning with the "Report on Manufactures", by the first US Secretary of the Treasury, Alexander Hamilton, the United States became the leading nation opposed to free trade. The report advocated measures to help protect infant industries, including…
on “What if China corners the cobalt market?” ↗