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The Constitution of Liberty in the Open Economy

By: (Author) Luder Gerken

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Ksh 28,800.00

Format: Hardback or Cased Book

ISBN-10: 0415279410

ISBN-13: 9780415279413

Series: Routledge Foundations of the Market Economy

Publisher: Taylor & Francis Ltd

Imprint: Routledge

Country of Manufacture: GB

Country of Publication: GB

Publication Date: Apr 29th, 2004

Print length: 304 Pages

Weight: 517 grams

Product Classification: International trade

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This book, a well-argued treatise on the benefits of neo-classical free trade, develops the principles of a liberal foreign trade theory and provides a new conceptual basis for discussing the argument between free-trade and protectionism.
In these heady days of ever increasing globalization it has become vital to question whether governments should be allowed to protect domestic enterprises from foreign competitors.
This book represents a first attempt to provide a new conceptual basis for discussing the cases in which free trade should be the option of choice in trade policy and those in which protectionism should be used. Lüder Gerken expands the economic tool of ordo-liberalism, founded by Walter Eucken and developed by Friedrich von Hayek, to make it applicable to foreign trade.
With impressive clarity and ingenuity, Gerken powerfully argues a scientific case for free trade as a best practice solution to the demands of globalization

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