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Free trade enjoys an intellectual status unrivalled by any other doctrine in the field of economics. Douglas Irwin explains how free trade achieved this position and has endured against the tide of abundent criticisms and theoretical challenges from Adam Smith’s day through to the present. Irwin reveals the serious analytical and practical weaknesses of these criticisms and shows why free trade is among the most durable and robust propositions that economics has to offer for the conduct of economic policy.
Author Biography
Douglas A. Irwin is Professor of Economics at Dartmouth College. He is the editor of Jacob Viner: Essays on the Intellectual History of Economics (Princeton).
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