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- Title
Protectionism Is (Almost) Mainstream.
- Authors
FINGLETON, EAMONN
- Abstract
The article emphasizes Robert Lighthizer's critique of current trade policies, specifically highlighting China's ascendancy in global trade and the challenges it poses to the traditional free trade paradigm. It discusses Lighthizer's criticisms of free trade, the flaws in the Theory of Comparative Advantage, and the potential alternative solutions, like the Buffett plan, while also questioning the limitations of economists in grasping the evolving dynamics of international trade.
- Subjects
LIGHTHIZER, Robert, 1947-; BUFFETT, Warren, 1930-; TARIFF; INTERNATIONAL competition; ECONOMIC history; PROTECTIONISM; BALANCE of trade; FREE trade; INTERNATIONAL trade
- Publication
International Economy, 2023, Vol 37, Issue 3, p49
- ISSN
0898-4336
- Publication type
Article