James Mill (1773–1836) was a Scottish economist, philosopher, and journalist. He was the father of an even more famous figure of the 19th century, economist and philosopher John Stuart Mill. Like other classical economists, James was a defender of free trade. His 1808 pamphlet Commerce Defended answers many of today’s arguments for protectionism.
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Tag Archives: mercantilism
The Wealth of Nations and Free Trade
Adam Smith’s famous book The Wealth of Nations (1776) developed economic and moral arguments against “the mercantile system” or protectionism. The relevant chapters are among the best of the book and there is much to be learned from them.
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