Econlib

The Library

Other Sites

Front Page arrow Titles (by Subject) arrow EDITOR\'S PREFACE, by Harald Westergaard - The Continental System: An Economic Interpretation

Return to Title Page for The Continental System: An Economic Interpretation

Search this Title:

Also in the Library:

Subject Area: Economics
Subject Area: History
Topic: The French Revolution

EDITOR'S PREFACE, by Harald Westergaard - Eli F. Heckscher, The Continental System: An Economic Interpretation [1918]

Edition used:

The Continental System: An Economic Interpretation, ed. Harald Westergaard (Oxford: Clarendon Press, 1922).

About Liberty Fund:

Liberty Fund, Inc. is a private, educational foundation established to encourage the study of the ideal of a society of free and responsible individuals.


EDITOR'S PREFACE,
by Harald Westergaard

THE author of the present inquiry into the Continental System during the beginning of the last century is known as one of the most prominent political economists in Scandinavia and as a thorough investigator of the history of commerce. Among other things he has done very useful work by his suggestive researches concerning the economy of the World War.

When the Carnegie Endowment for International Peace publishes the book, the obvious explanation is that the Continental blockade in many ways throws light on the economic blockade among the belligerent powers involved by the World War.

That the Napoleonic Continental System could by no means have such far-reaching effects as those of the World War already appears from the great difference in dimensions, and from the fact that the separate nations at that time were far more independent of each other economically than they are at the present time with its extraordinary degree of international division of labour. But the author further shows how powerless the governments were at that time compared with those of the present day in the face of attempts at breaking the blockade, and to how slight an extent the measures were supported by the populations themselves. These great changes in the conditions of power and in the general view are highly interesting from a sociological point of view. But even if Napoleon had been in possession of sufficient power his own policy shows to how slight an extent a real international blockade was aimed at by the Continental System.

HARALD WESTERGAARD.