...Mill's ([1848] 1909, 922) original statement was as follows: The only case in which, on mere principles of political economy, protecting duties can be defensible,...(especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country....

...Stuart Mill endorsed the infant industry argument by saying: "The only case in which, on mere principles of political economy, protecting duties can be defensible,...(especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of country. The...

...whatever degree it prevents importation, it affords no revenue. The only case in which, on mere principles of political economy, protecting duties can be defensible,...(especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country....

...argument for temporary protection. In Mill's famous passage: The only case in which, on mere principles of political economy, protecting duties can be defensible,...(especially in a young and rising nation) in hopes of naturalizing a foreign industry in itself perfectly suitable to the circumstances of the country. The...

...protection in general "an organized system of pillage of the many by the few," defended selected tariffs "if they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable ro the circumstances of the country."...

...politieal eeonomy proteeting duties ean be defensible i« when they are imposed temporarily (espeeially in a young and rising nation) in hopes of naturalising a foreign industry, in itself perfeetly suitable to the eireumstanees of the eountry. The superiority of one eountry over another...

...The father of liberal economics. John Stuart MilL wrote: The only case in which. on mere principles of political economy. protecting duties can be defensible. is when they are imposed temporarily tespecially in a young and rising nation1 in the hopes of naturalizing a foreign industry. in itself...

...the argument of infant industry protection. He held that54 The only case in which, on mere principles of political economy, protecting duties can be defensible,...(especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country....

...detail, Mill is strikingly reminiscent of List's reasoning: The only case in which, on mere principles of political economy, protecting duties can be defensible,...(especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country....

...1800s John Stuart Mill's best-selling economics text stated: The only case in which, on mere principles of political economy, protecting duties can be defensible,...(especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstance of the country. The...