About two hundred years ago, largely as a result of Adam Smith's Wealth of Nations, free trade achieved an intellectual status unrivaled by any other doctrine in the field of economics. What accounts for the success of free trade against then prevailing mercantilist doctrines? And how well has free trade withstood various theoretical attacks that have challenged it since Adam Smith's time? In this readable intellectual history, Douglas Irwin explains how the idea of free trade has endured against the tide of the abundant criticisms that have been leveled against it from the ancient...
About two hundred years ago, largely as a result of Adam Smith's Wealth of Nations, free trade achieved an intellectual status unrivaled by ...
This volume addresses what the author calls the three subtle but sensible principles of international trade policy. It demonstrates, for example, that a tax on imports commensurately creates a tax on exports.
This volume addresses what the author calls the three subtle but sensible principles of international trade policy. It demonstrates, for example, that...
Douglas A. Irwin Petros C. Mavroidis Alan O. Sykes
This book is part of a wider project that aims to propose a model GATT that makes good economic sense without undoing its current basic structure. It asks: What does the historical record indicate about the aims and objectives of the framers of the GATT? To what extent does the historical record provide support for one or more of the economic rationales for the GATT? The book supports that the two main framers of the GATT were the United Kingdom and the United States; developing countries influence was noticeable only after the mid-1950s. The framers understood the GATT as a pro-peace...
This book is part of a wider project that aims to propose a model GATT that makes good economic sense without undoing its current basic structure. It ...
Douglas A. Irwin Petros C. Mavroidis Alan O. Sykes
This book is part of a wider project that aims to propose a model GATT that makes good economic sense without undoing its current basic structure. It asks: What does the historical record indicate about the aims and objectives of the framers of the GATT? To what extent does the historical record provide support for one or more of the economic rationales for the GATT? The book supports that the two main framers of the GATT were the United Kingdom and the United States; developing countries influence was noticeable only after the mid-1950s. The framers understood the GATT as a pro-peace...
This book is part of a wider project that aims to propose a model GATT that makes good economic sense without undoing its current basic structure. It ...
The political decisions made by the founding fathers were crucial to the success of the early republic. But the economic decisions they made were just as pivotal, ensuring the general welfare and common defense of the United States for decades to come. Founding Choices explores these economic choices and their profound influence on American life, westward expansion, and influence abroad. Among the topics covered are finance, trade, and monetary and banking policy, with a focus on the factors guiding those policies and their end result.
This book redresses the relative neglect...
The political decisions made by the founding fathers were crucial to the success of the early republic. But the economic decisions they made were j...
The political decisions made by the founding fathers were crucial to the success of the early republic. But the economic decisions they made were just as pivotal, ensuring the general welfare and common defense of the United States for decades to come. Founding Choices explores these economic choices and their profound influence on American life, westward expansion, and influence abroad. Among the topics covered are finance, trade, and monetary and banking policy, with a focus on the factors guiding those policies and their end result. This book redresses the relative neglect of...
The political decisions made by the founding fathers were crucial to the success of the early republic. But the economic decisions they made were j...
This book presents, for the first time, a detailed transcription of Jacob Viner's Economics 301 class as taught in 1930. These lecture notes provide insight into the legacy of Jacob Viner, whose seminal contributions to fields such as international economics and the history of economics are well known, but whose impact in sparking the revival of Marshallian microeconomics in the United States via his classroom teaching has been less appreciated. Generations of graduate students at the University of Chicago have taken Economics 301. The course has been taught by such luminaries as Milton...
This book presents, for the first time, a detailed transcription of Jacob Viner's Economics 301 class as taught in 1930. These lecture notes provide i...
Ranking among the most distinguished economists and scholars of his generation, Jacob Viner is best remembered for his work in international economics and in the history of economic thought. Mark Blaug, in his Great Economists Since Keynes (Cambridge, 1985) remarked that Viner was "quite simply the greatest historian of economic thought that ever lived." Never before, however, have Viner's important contributions to the intellectual history of economics been collected into one convenient volume. This book performs this valuable service to scholarship by reprinting Viner's classic essays on...
Ranking among the most distinguished economists and scholars of his generation, Jacob Viner is best remembered for his work in international econom...