The National Gain
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The National Gain
''The National Gain'' (Swedish title: ''Den Nationnale Winsten'') is the main work of the Swedish-Finnish scientist, philosopher and politician Anders Chydenius, published in 1765. In this thesis Chydenius argues in favour of free export trade rights for the province of Ostrobothnia and lays down the principles of liberalism and the free markets – for example, free trade and industry – eleven years before Adam Smith in ''The Wealth of Nations'' (1776).Lars Magnusson, (2004). The Tradition of Free Trade', Routledge, p. 129 The book also includes a description of what Smith later dubbed the "invisible hand". In the book, Chydenius attacks the export subsidy Export subsidy is a government policy to encourage export of goods and discourage sale of goods on the domestic market through direct payments, low-cost loans, tax relief for exporters, or government-financed international advertising. An expor ... as an example of the harmful effects of government intervention on the ...
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Den Nationnale Winsten
Den may refer to: * Den (room), a small room in a house * Maternity den, a lair where an animal gives birth Media and entertainment * ''Den'' (album), 2012, by Kreidler * Den (''Battle Angel Alita''), a character in the ''Battle Angel Alita'' manga series * ''Den'' (film), a 2001 independent horror film * Den (comics), name of 2 comic book characters * ''Den'' (newspaper), a Ukrainian newspaper * Den Watts, or "Dirty Den", a character in the British soap opera ''EastEnders'' * Den, a character in ''Thomas & Friends'' * ''Den of thieves'' (film) People * Den (pharaoh), pharaoh of Egypt from 2970 BC * Den Brotheridge (1915–1944), British Army officer * Den Dover (born 1938), British politician * Den Fujita (1926–2004), Japanese businessman, founder of McDonald's Japan * Den Harrow (born 1962), stage name of Italian fashion model Stefano Zandri * Den Hegarty (born 1954), Irish rock and roll, doo-wop and a cappella singer living in Britain Other uses * Den or denier ( ...
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Swedish Language
Swedish ( ) is a North Germanic language spoken predominantly in Sweden and in parts of Finland. It has at least 10 million native speakers, the fourth most spoken Germanic language and the first among any other of its type in the Nordic countries overall. Swedish, like the other Nordic languages, is a descendant of Old Norse, the common language of the Germanic peoples living in Scandinavia during the Viking Era. It is largely mutually intelligible with Norwegian and Danish, although the degree of mutual intelligibility is largely dependent on the dialect and accent of the speaker. Written Norwegian and Danish are usually more easily understood by Swedish speakers than the spoken languages, due to the differences in tone, accent, and intonation. Standard Swedish, spoken by most Swedes, is the national language that evolved from the Central Swedish dialects in the 19th century and was well established by the beginning of the 20th century. While distinct regional varieties ...
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Swedish-speaking Finns
The Swedish-speaking population of Finland (whose members are called by many names; fi, suomenruotsalainen) can be used as an attribute., group=Note—see below; sv, finlandssvenskar; fi, suomenruotsalaiset) is a linguistic minority in Finland. They maintain a strong identity and are seen either as a separate cultural or ethnic group, while still being considered ethnic Finns, or as a distinct nationality. They speak Finland Swedish, which encompasses both a standard language and distinct dialects that are mutually intelligible with the dialects spoken in Sweden and, to a lesser extent, other Scandinavian languages. According to Statistics Finland, Swedish is the mother tongue of about 260,000 people in mainland Finland and of about 26,000 people in Åland, a self-governing archipelago off the west coast of Finland, where Swedish speakers constitute a majority. Swedish-speakers comprise 5.2% of the total Finnish population or about 4.9% without Åland. The proportion has b ...
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Anders Chydenius
Anders Chydenius (; 26 February 1729 – 1 February 1803) was a Sweden–Finland, Swedish-Finnish Lutheran priest and a member of the Swedish Riksdag of Sweden, Riksdag, and is known as the leading classical liberalism, classical liberal of Nordic countries, Nordic history. Born in Sotkamo, Finland (then part of Sweden) and having studied under Pehr Kalm at The Royal Academy of Turku, the Royal Academy of Åbo, Chydenius became a priest and Age of Enlightenment, Enlightenment philosopher. He was elected as an ecclesiastic member of the Swedish Riksdag of the Estates in 1765–66, in which his Caps (party), Cap party seized the majority and government and championed Sweden's first Freedom of the Press Act, the most liberal in the world along with those of Great Britain and the Seven United Provinces. Vehemently opposed to the extreme interventionist policies of mercantilism preached by the previously predominant Hats (party), Hat party since decades, he was ultimately coerced into ...
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Ostrobothnia (historical Province)
Ostrobothnia, sv, Österbotten (literally "Eastern Bottom", "botten" deriving from Old Norse ''botn'' in the meaning of 'bay', and Latinized "bothnia"), fi, Pohjanmaa (literally "Bottom (low) lands" or alternatively "Northland") is a historical province comprising a large western and northern part of modern Finland (which was then the eastern half of Sweden). It is bounded by Karelia, Savonia, Tavastia and Satakunta in the south, the Bothnian Sea, Bothnian Bay and Swedish Westrobothnia in the west, Laponia in the north and Russia in the east. Etymology The word ''pohja'' means either "north" or "bottom", and ''maa'' is "land". There are two possible explanations for the dual meaning of ''pohja''. The first is based on the ancient Scandinavian belief that the north was the bottom of the world, where the Sun disappeared each night. The second explanation points to the fact that houses were constructed with their backs to the north, the coldest direction, which may have ...
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Liberalism
Liberalism is a political and moral philosophy based on the rights of the individual, liberty, consent of the governed, political equality and equality before the law."political rationalism, hostility to autocracy, cultural distaste for conservatism and for tradition in general, tolerance, and ... individualism". John Dunn. ''Western Political Theory in the Face of the Future'' (1993). Cambridge University Press. . Liberals espouse various views depending on their understanding of these principles. However, they generally support private property, market economies, individual rights (including civil rights and human rights), liberal democracy, secularism, rule of law, economic and political freedom, freedom of speech, freedom of the press, freedom of assembly, and freedom of religion. Liberalism is frequently cited as the dominant ideology of modern times.Wolfe, p. 23.Adams, p. 11. Liberalism became a distinct movement in the Age of Enlightenment, gaining popularity ...
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Adam Smith
Adam Smith (baptized 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment. Seen by some as "The Father of Economics"——— or "The Father of Capitalism",———— he wrote two classic works, ''The Theory of Moral Sentiments'' (1759) and ''The Wealth of Nations, An Inquiry into the Nature and Causes of the Wealth of Nations'' (1776). The latter, often abbreviated as ''The Wealth of Nations'', is considered his ''magnum opus'' and the first modern work that treats economics as a comprehensive system and as an academic discipline. Smith refuses to explain the distribution of wealth and power in terms of God's will, God’s will and instead appeals to natural, political, social, economic and technological factors and the interactions between them. Among other economic theories, the work introduced Smith's idea of absolute advantage. Smith studied social philos ...
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The Wealth Of Nations
''An Inquiry into the Nature and Causes of the Wealth of Nations'', generally referred to by its shortened title ''The Wealth of Nations'', is the ''magnum opus'' of the Scottish economist and moral philosopher Adam Smith. First published in 1776, the book offers one of the world's first collected descriptions of what builds nations' wealth, and is today a fundamental work in classical economics. By reflecting upon the economics at the beginning of the Industrial Revolution, the book touches upon such broad topics as the division of labour, productivity, and free markets. History ''The Wealth of Nations'' was published in two volumes on 9 March 1776 (with books I–III included in the first volume and books IV and V included in the second), during the Scottish Enlightenment and the Scottish Agricultural Revolution. It influenced several authors and economists, such as Karl Marx, as well as governments and organizations, setting the terms for economic debate and discussion fo ...
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Invisible Hand
The invisible hand is a metaphor used by the British moral philosopher Adam Smith that describes the unintended greater social benefits and public good brought about by individuals acting in their own self-interests. Smith originally mentioned the term in his work ''Theory of Moral Sentiments'' in 1759, but it has actually become known from his main work ''The Wealth of Nations'', where the word itself is mentioned only once, in connection with import restrictions. Similar ideas had already been presented before Smith by other Enlightenment thinkers, such as Anders Chydenius in his work ''The National Gain'' (1765) and Bernard Mandeville. Liberal thinkers wanted to show that society functions without collapsing even without the old hierarchical order of the feudal era. The concept was first introduced by Adam Smith in ''The Theory of Moral Sentiments'', written in 1759. The exact phrase is used just three times in Smith's writings. Smith may have come up with the two mea ...
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Export Subsidy
Export subsidy is a government policy to encourage export of goods and discourage sale of goods on the domestic market through direct payments, low-cost loans, tax relief for exporters, or government-financed international advertising. An export subsidy reduces the price paid by foreign importers, which means domestic consumers pay more than foreign consumers. The World Trade Organization (WTO) prohibits most subsidies directly linked to the volume of exports, except for LDCs. Incentives are given by the government of a country to exporters to encourage export of goods. Export subsidies are also generated when internal price supports, as in a guaranteed minimum price for a commodity, create more production than can be consumed internally in the country. (These price supports are often coupled with import tariffs, which keeps the domestic price high by discouraging or taxing imports on the difference between the world price and the mandatory minimum.) Instead of letting the commod ...
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1765 Books
Events January–March * January 23 – Prince Joseph of Austria marries Princess Maria Josepha of Bavaria in Vienna. * January 29 – One week before his death, Mir Jafar, who had been enthroned as the Nawab of Bengal and ruler of the Bengali people with the support and protection of the British East India Company, abdicates in favor of his 18-year-old son, Najmuddin Ali Khan. * February 8 – **Frederick the Great, the King of Prussia, issues a decree abolishing the historic punishments against unmarried women in Germany for "sex crimes", particularly the ''Hurenstrafen'' (literally "whore shaming") practices of public humiliation. **Isaac Barré, a member of the British House of Commons for Wycombe and a veteran of the French and Indian War in the British American colonies, coins the term "Sons of Liberty" in a rebuttal to Charles Townshend's derisive description of the American colonists during the introduction of the proposed Stamp Act. MP Barré no ...
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Classical Economics Books
Classical may refer to: European antiquity *Classical antiquity, a period of history from roughly the 7th or 8th century B.C.E. to the 5th century C.E. centered on the Mediterranean Sea *Classical architecture, architecture derived from Greek and Roman architecture of classical antiquity *Classical mythology, the body of myths from the ancient Greeks and Romans *Classical tradition, the reception of classical Greco-Roman antiquity by later cultures *Classics, study of the language and culture of classical antiquity, particularly its literature *Classicism, a high regard for classical antiquity in the arts Music and arts *Classical ballet, the most formal of the ballet styles *Classical music, a variety of Western musical styles from the 9th century to the present *Classical guitar, a common type of acoustic guitar *Classical Hollywood cinema, a visual and sound style in the American film industry between 1927 and 1963 * Classical Indian dance, various codified art forms whose theo ...
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