International Economic Policies, A Survey of The Economics of Diplomacy, 1925
In 1925, Culbertson published a book looking at post World War I economics and international interests. This book shows Culbertson's early leanings toward a U.S. foreign policy of reciprocity. According to a review by E. L. Bogart of the University of Illinois at Urbana, Culbertson spends most of the book discussing commercial treaties, tariffs, and open-door policy. Bogart believes that Culbertson truly understands the "gravity and complexity of the international problems presented by the unequal geographical distribution of raw materials and fuels." He believes that Culbertson disapproves of both laissez-faire economics and economic imperialism, instead promoting a policy of international cooperation, to be effected through an organization such as the League of Nations.
Read more about this topic: William Smith Culbertson
Famous quotes containing the words economic, survey and/or economics:
“In our personal ambitions we are individualists. But in our seeking for economic and political progress as a nation, we all go upor else all go downas one people.”
—Franklin D. Roosevelt (18821945)
“By contrast with history, evolution is an unconscious process. Another, and perhaps a better way of putting it would be to say that evolution is a natural process, history a human one.... Insofar as we treat man as a part of naturefor instance in a biological survey of evolutionwe are precisely not treating him as a historical being. As a historically developing being, he is set over against nature, both as a knower and as a doer.”
—Owen Barfield (b. 1898)
“Womens battle for financial equality has barely been joined, much less won. Society still traditionally assigns to woman the role of money-handler rather than money-maker, and our assigned specialty is far more likely to be home economics than financial economics.”
—Paula Nelson (b. 1945)