ABSTRACT

In the area of international trade and finance, Harry Gunnison Brown published articles and texts on the subjects early in his career. Two of the influences on his thinking with regard to a theory of international trade were William Graham Sumner and, to a lesser extent, Henry George. Brown's International Trade and Exchange was published first in 1914 and subsequently republished in two volumes in 1920 and 1921 as Foreign Exchange and International Trade respectively. Brown dedicated much of the text to the question of free trade, which he advocated with little or no concession to protectionists' arguments. In a 1919 note to the Quarterly Journal of Economics, Brown criticized an argument made for protection by Thomas Nixon Carver in his Principles of Political Economy. In summary, Brown demonstrated, as Frank W. Taussig noted, a mastery of orthodox trade theory, but he did not make original contributions to the theory.