Day: August 30, 2021

Compendium: Applications of Autarkic and Protectionist Trade Policies

Alexander Hamilton has given Socialism its political philosophy on the conduct of international trade. “Protectionism” and “Import Substitution Industrialization” (ISI) are the means of achieving Autarky. Autarky, it should be prefaced, is not an ideal but a strategic goal in… Read More ›