Note 1140 — Chapter I · : THE HEDONISTS

This system, according to Walras, would possess another advantage in that it would facilitate the establishment of free trade, which is an ideal of the science. The chief difficulties would thus be avoided, such as unequal import duties and unequal degree of fertility. “Free trade has always involved the absence of duties, and the nationalisation of land would further result in the free movement of capital and labour to whatever place might prove most advantageous to them.” (La Paix par la Justice sociale et par le Libre-Échange, in Questions pratiques de Législation ouvrière, September-October 1907.)