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Razeen Sally, “Trade Policy, New Century”

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This post originally appeared on cobdencentre.org. Razeen Sally’s Trade Policy, New Century (PDF) succeeds magnificently in explaining the 21st-century case for free trade and, specifically, unilateral trade liberalisation to the interested, non-specialist reader. From the IEA home page of the book: The World Trade Organization (WTO) is failing to deliver the trade liberalisation desperately needed to bring prosperity to developing countries, according to a new study released today by the Institute of Economic Affairs. The WTO is hamstrung by a […]

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The Apostle of Free Trade: Richard Cobden

I just finished Gowing’s 1885 biography of Richard Cobden, whose doctrine was that free trade would lead to world peace through interdependence and mutual cooperation. Cobden was a leader of the Anti-Corn-Law League — a substantial feat of political agitation — which was established to oppose protectionist measures on corn and decrease the price of basic food products. Cobden viewed the task of the League as “instructing the nation.” We learn in the biography: Only seven years before the total […]

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