This book concerns the end of the age of colonization and the
inherent changes in the world economy. It discusses the author's
perception of the disintegration of free trade and ideas on the
solution of federation. Starting with an introduction to economic
thought and history the author then presents the state of the world
at the time of writing in terms of colonies and dependencies and
looks at economic nationalism and economic separatism. This
discursive text is an important account of the global economic
issues of the early twentieth century by one of the most well-known
economists of the age who became a foremost expert in international
financial affairs.
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