Free Trade and Protectionism in America: The American system

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Publisher : Psychology Press
ISBN 13 : 9780415181228
Total Pages : 512 pages
Book Rating : 4.1/5 (812 download)

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Book Synopsis Free Trade and Protectionism in America: The American system by : Lars Magnusson

Download or read book Free Trade and Protectionism in America: The American system written by Lars Magnusson and published by Psychology Press. This book was released on 2000 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Kicking Away the Ladder

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Publisher : Anthem Press
ISBN 13 : 0857287613
Total Pages : 196 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis Kicking Away the Ladder by : Ha-Joon Chang

Download or read book Kicking Away the Ladder written by Ha-Joon Chang and published by Anthem Press. This book was released on 2002-07-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: How did the rich countries really become rich? In this provocative study, Ha-Joon Chang examines the great pressure on developing countries from the developed world to adopt certain 'good policies' and 'good institutions', seen today as necessary for economic development. His conclusions are compelling and disturbing: that developed countries are attempting to 'kick away the ladder' with which they have climbed to the top, thereby preventing developing countries from adopting policies and institutions that they themselves have used.

Clashing Over Commerce

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Publisher : University of Chicago Press
ISBN 13 : 022639901X
Total Pages : 873 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Clashing Over Commerce by : Douglas A. Irwin

Download or read book Clashing Over Commerce written by Douglas A. Irwin and published by University of Chicago Press. This book was released on 2017-11-29 with total page 873 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Foreign Affairs Best Book of the Year: “Tells the history of American trade policy . . . [A] grand narrative [that] also debunks trade-policy myths.” —Economist Should the United States be open to commerce with other countries, or should it protect domestic industries from foreign competition? This question has been the source of bitter political conflict throughout American history. Such conflict was inevitable, James Madison argued in the Federalist Papers, because trade policy involves clashing economic interests. The struggle between the winners and losers from trade has always been fierce because dollars and jobs are at stake: depending on what policy is chosen, some industries, farmers, and workers will prosper, while others will suffer. Douglas A. Irwin’s Clashing over Commerce is the most authoritative and comprehensive history of US trade policy to date, offering a clear picture of the various economic and political forces that have shaped it. From the start, trade policy divided the nation—first when Thomas Jefferson declared an embargo on all foreign trade and then when South Carolina threatened to secede from the Union over excessive taxes on imports. The Civil War saw a shift toward protectionism, which then came under constant political attack. Then, controversy over the Smoot-Hawley tariff during the Great Depression led to a policy shift toward freer trade, involving trade agreements that eventually produced the World Trade Organization. Irwin makes sense of this turbulent history by showing how different economic interests tend to be grouped geographically, meaning that every proposed policy change found ready champions and opponents in Congress. Deeply researched and rich with insight and detail, Clashing over Commerce provides valuable and enduring insights into US trade policy past and present. “Combines scholarly analysis with a historian’s eye for trends and colorful details . . . readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America’s evolving role in the global economy.” —National Review “Magisterial.” —Foreign Affairs

The National System of Political Economy

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Publisher :
ISBN 13 :
Total Pages : 434 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis The National System of Political Economy by : Friedrich List

Download or read book The National System of Political Economy written by Friedrich List and published by . This book was released on 1916 with total page 434 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Free Trade and Protectionism in America

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Publisher :
ISBN 13 :
Total Pages : 266 pages
Book Rating : 4.:/5 (756 download)

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Book Synopsis Free Trade and Protectionism in America by : Lars Magnusson

Download or read book Free Trade and Protectionism in America written by Lars Magnusson and published by . This book was released on 2000 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Opening America's Market

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Publisher : Univ of North Carolina Press
ISBN 13 : 0807861189
Total Pages : 424 pages
Book Rating : 4.8/5 (78 download)

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Book Synopsis Opening America's Market by : Alfred E. Eckes Jr.

Download or read book Opening America's Market written by Alfred E. Eckes Jr. and published by Univ of North Carolina Press. This book was released on 2000-11-09 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the passage of NAFTA and other recent free trade victories in the United States, former U.S. trade official Alfred Eckes warns that these developments have a dark side. Opening America's Market offers a bold critique of U.S. trade policies over the last sixty years, placing them within a historical perspective. Eckes reconsiders trade policy issues and events from Benjamin Franklin to Bill Clinton, attributing growing political unrest and economic insecurity in the 1990s to shortsighted policy decisions made in the generation after World War II. Eager to win the Cold War and promote the benefits of free trade, American officials generously opened the domestic market to imports but tolerated foreign discrimination against American goods. American consumers and corporations gained in the resulting global economy, but many low-skilled workers have become casualties. Eckes also challenges criticisms of the 'infamous' protectionist Smoot-Hawley Tariff Act of 1930, which allegedly worsened the Great Depression and provoked foreign retaliation. In trade history, he says, this episode was merely a mole hill, not a mountain.

Power, Protection, and Free Trade

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Publisher : Cornell University Press
ISBN 13 : 1501723049
Total Pages : 257 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Power, Protection, and Free Trade by : David A. Lake

Download or read book Power, Protection, and Free Trade written by David A. Lake and published by Cornell University Press. This book was released on 2018-03-15 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do nations so frequently abandon unrestricted international commerce in favor of trade protectionism? David A. Lake contends that the dominant explanation, interest group theory, does not adequately explain American trade strategy or address the contradictory elements of cooperation and conflict that shape the international economy. Power, Protection, and Free Trade offers an alternative, systemic approach to trade strategy that builds on the interaction between domestic and international factors. In this innovative book, Lake maintains that both protection and free trade are legitimate and effective instruments of national policy, the considered responses of nations to varying international structures.

Free Trade, Free World

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Publisher : UNC Press Books
ISBN 13 : 9780807824580
Total Pages : 296 pages
Book Rating : 4.8/5 (245 download)

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Book Synopsis Free Trade, Free World by : Thomas W. Zeiler

Download or read book Free Trade, Free World written by Thomas W. Zeiler and published by UNC Press Books. This book was released on 1999 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this era of globalization, it is easy to forget that today's free market values were not always predominant. But as this history of the birth of the General Agreement on Tariffs and Trade (GATT) shows, the principles and practices underlying our current international economy once represented contested ground between U.S. policymakers, Congress, and America's closest allies. Here, Thomas Zeiler shows how the diplomatic and political considerations of the Cold War shaped American trade policy during the critical years from 1940 to 1953. Zeiler traces the debate between proponents of free trade and advocates of protectionism, showing how and why a compromise ultimately triumphed. Placing a liberal trade policy in the service of diplomacy as a means of confronting communism, American officials forged a consensus among politicians of all stripes for freer_if not free_trade that persists to this day. Constructed from inherently contradictory impulses, the system of international trade that evolved under GATT was flexible enough to promote American economic and political interests both at home and abroad, says Zeiler, and it is just such flexibility that has allowed GATT to endure.

Free Trade Versus Protectionism

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Publisher :
ISBN 13 :
Total Pages : 180 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Free Trade Versus Protectionism by : Donald Altschiller

Download or read book Free Trade Versus Protectionism written by Donald Altschiller and published by . This book was released on 1988 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: A series of articles over the free trade and protectionism debates with historical information on the development of both ideas from pre-industrial days in Europe.

The Wealth of a Nation

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Publisher : Oxford University Press
ISBN 13 : 0190865938
Total Pages : 608 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis The Wealth of a Nation by : C. Donald Johnson

Download or read book The Wealth of a Nation written by C. Donald Johnson and published by Oxford University Press. This book was released on 2018-04-02 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States is entering a period of profound uncertainty in the world political economy--an uncertainty which is threatening the liberal economic order that its own statesmen created at the end of the Second World War. The storm surrounding this threat has been ignited by an issue that has divided Americans since the nation's founding: international trade. Is America better off under a liberal trade regime, or would protectionism be more beneficial? The issue divided Alexander Hamilton from Thomas Jefferson, the agrarian south from the industrializing north, and progressives from robber barons in the Gilded Age. In our own times, it has pitted anti-globalization activists and manufacturing workers against both multinational firms and the bulk of the economics profession. Ambassador C. Donald Johnson's The Wealth of a Nation is an authoritative history of the politics of trade in America from the Revolution to the Trump era. Johnson begins by charting the rise and fall of the U.S. protectionist system from the time of Alexander Hamilton to the Smoot-Hawley Tariff of 1930. Challenges to protectionist dominance were frequent and often serious, but the protectionist regime only faded in the wake of the Great Depression. After World War II, America was the primary architect of the liberal rules-based economic order that has dominated the globe for over half a century. Recent years, however, have seen a swelling anti-free trade movement that casts the postwar liberal regime as anti-worker, pro-capital, and--in Donald Trump's view--even anti-American. In this riveting history, Johnson emphasizes the benefits of the postwar free trade regime, but focuses in particular on how it has attempted to advance workers' rights. This analysis of the evolution of American trade policy stresses the critical importance of the multilateral trading system's survival and defines the central political struggle between business and labor in measuring the wealth of a nation.

Lectures on the History of Protection in the United States

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Lectures on the History of Protection in the United States by : William Graham Sumner

Download or read book Lectures on the History of Protection in the United States written by William Graham Sumner and published by . This book was released on 1877 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Collapse of Global Trade, Murky Protectionism, and the Crisis

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Publisher :
ISBN 13 : 9781907142239
Total Pages : 112 pages
Book Rating : 4.1/5 (422 download)

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Book Synopsis The Collapse of Global Trade, Murky Protectionism, and the Crisis by : Richard E. Baldwin

Download or read book The Collapse of Global Trade, Murky Protectionism, and the Crisis written by Richard E. Baldwin and published by . This book was released on 2011-03 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.

The Limits Of Protectionism

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Publisher : University of Pittsburgh Pre
ISBN 13 : 0822972565
Total Pages : 289 pages
Book Rating : 4.8/5 (229 download)

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Book Synopsis The Limits Of Protectionism by : Michael Lusztig

Download or read book The Limits Of Protectionism written by Michael Lusztig and published by University of Pittsburgh Pre. This book was released on 2010-06-15 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom holds that free trade is economically beneficial to nations. But this does not prevent industries and interest groups from lobbying their governments for protection, which creates a fear of electoral backlash among politicians hoping to promote free trade. The Limits of Protectionism demonstrates how governments can attain those economic benefits while avoiding the political costs.Michael Lusztig's theoretical model focuses on a process by which protectionists can be pushed to restructure and compete in a global economy. In this process, a small cutback in domestic protection leads to lost market shares at home; producers must then turn to overseas exports, and, as the size of foreign profits grow, former protectionists become active advocates for more and greater free trade opportunities.In a wide-ranging array of case studies—from nineteenth-century Britain to Depression-era United States to contemporary New Zealand, Australia, Brazil, Canada, Chile, and Mexico—Lusztig reveals that, if skillfully handled, governments can eliminate the obstacles to free trade and enjoy continued economic growth without fear of protectionist groups seeking revenge at the ballot box.

The Triumph of the Antebellum Free Trade Movement

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Publisher : University Press of Florida
ISBN 13 : 0813043697
Total Pages : 211 pages
Book Rating : 4.8/5 (13 download)

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Book Synopsis The Triumph of the Antebellum Free Trade Movement by : William S. Belko

Download or read book The Triumph of the Antebellum Free Trade Movement written by William S. Belko and published by University Press of Florida. This book was released on 2012-08-19 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the War of 1812, the Madison and Monroe administrations oversaw the institution of a series of protective tariffs meant to shield fledgling American industries from British product "dumping." While southerners supported these protectionist measures early on, they quickly came to disapprove of them as severe impediments to trade with the West Indies, an important source of sugar cane and tobacco. In the decades that followed, tariffs became a hotly contested issue, the North favoring protectionism and the South advocating for free trade. In The Triumph of the Antebellum Free Trade Movement, William Belko provides a full and detailed investigation into the heated tariff debate of the late 1820s and early 1830s, focusing on its fascinating climax: the Philadelphia Free Trade Convention of 1831. As such, this intriguing volume is the first in-depth examination of the events directly preceding the famous Compromise Tariffs that sought to bind Americans together, but ultimately hastened the loosening of the cords of the Union.

Trade Wars Against America

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Publisher : Greenwood
ISBN 13 :
Total Pages : 352 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Trade Wars Against America by : William J. Gill

Download or read book Trade Wars Against America written by William J. Gill and published by Greenwood. This book was released on 1990 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unique in its breadth and scope, this volume provides a comprehensive history of U.S. trade and monetary policy from colonial times to the present. Gill examines the origins of the traditional protectionist policies that prevailed from the beginning of the Republic until 1913 and explores in detail America's experience with trade in the years from the end of World War I to the present day. Case histories of the experience of several U.S. industries in attempting to get the government to implement trade laws are drawn from the author's extensive involvement as a trade consultant. Gill asserts that U.S. economic might was built upon sound money and the overt protection of its industrial and economic base and that when protectionist policies have been abandoned--as in the Wilson and Reagan years--our economic position in the world has suffered. He calls for an end to the free trade zeitgeist of the 1980s, arguing instead for a renewed commitment to rational protection. Trade Wars Against America is chronological in approach. It begins by examining the protectionist policies of the early Republic; the War of 1812 as the first trade war after the Republic's founding; Andrew Jackson's struggle with the banking community over the conduct of trade and monetary policy; and the rise of protectionism after the Civil War and its culmination in the McKinley presidency, an era of unparalleled prosperity. Gill goes on to discuss the assault on the protectionist system by Woodrow Wilson and Edward House; the creation of the Federal Reserve Bank; the Trade Act of 1934 and its role in the Depression; and the supranational movement that culmiated at Bretton Woods and resulted in the creation of the World Bank, the International Monetary Fund, and the GATT--the Geneva-based organization implementing the General Agreement on Tariff and Trade. Finally, Gill looks at the period since World War II, concluding that trade wars are being waged against the United States primarily with the subsidies foreign governments give their industries to increase exports. Privately owned U.S. firms, Gill asserts, cannot effectively compete against government-owned or subsidized industries abroad.

Saving Free Trade

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Publisher : Brookings Institution Press
ISBN 13 : 9780815751779
Total Pages : 132 pages
Book Rating : 4.7/5 (517 download)

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Book Synopsis Saving Free Trade by : Robert Z. Lawrence

Download or read book Saving Free Trade written by Robert Z. Lawrence and published by Brookings Institution Press. This book was released on 1986 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: American Supporters of free trade are on the defensive. Record U.S. trade deficits are fueling demands from industry, Congress, and the public for tariffs, import quotas, and other protectionist measures that could reverse America's long-standing commitment to open markets and sacrifice much of the economic progress experienced in recent years. In Saving Free Trade: A Pragmatic Approach, Robert Z. Lawrence and Robert E. Litan analyze both the allure of protectionism and the problems associated with free trade, proposing reasonable, cost-effective ways of helping industries, workers, and communities battered by intense import competition. The book focuses on the escape clause of the U.S. Trade Act of 1974, meant to provide domestic industries temporary shelter from severe import competition, and the trade adjustment assistance program, designed to provide direct aid to companies, workers, and communities injured by imports. The authors analyze the assumptions and implication of the many currentcongressional attempts to amend the provisions of the escape clause and the assistance program. They then set forth their own proposals, including new definitions of import injuries, modifications of provisions for providing relief for beleaguered companies, new standards for compensating and retaining displaced workers, and a plan for insuring communities against severe losses to their tax bases if local industries fail because they can no longer compete. Saving Free Trade provides a detailed but nontechnical introduction to the complex implications of amending trade policy and shrewd, innovative proposals for improving America's ability to adapt to rapid changes in world markets.

The Invisible Hand

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Publisher :
ISBN 13 :
Total Pages : 246 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Invisible Hand by : Jay I. Olnek

Download or read book The Invisible Hand written by Jay I. Olnek and published by . This book was released on 1982 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: