The Resource The global free trade error : the infeasibility of Ricardo's comparative advantage theory, Ron Baiman
The global free trade error : the infeasibility of Ricardo's comparative advantage theory, Ron Baiman
Resource Information
The item The global free trade error : the infeasibility of Ricardo's comparative advantage theory, Ron Baiman represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.This item is available to borrow from 1 library branch.
Resource Information
The item The global free trade error : the infeasibility of Ricardo's comparative advantage theory, Ron Baiman represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.
This item is available to borrow from 1 library branch.
- Summary
- The doctrine of "free trade" is second only to that of "free markets" in undergirding ideological support for our current global economic structures and rules. From David Ricardo’s "comparative advantage principle" to James Meade’s Neoclassical or mainstream economics proof of self-adjusting free trade equilibrium, the free trade doctrine has had a lasting and destructive hold on Neoclassical economic thinking since its inception. The Global Free Trade Error provides a detailed analysis of these foundational models and counter-poses these to alternative Neo-Marxist "unequal exchange" models of global trade and finance. In the first part of the book the three core free trade models alluded to above are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In particular, Ricardo’s parable is shown to support managed trade rather than free trade as Ricardo and two centuries of economic texts have claimed. In the second part of the book, unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "demand and cost" setting, to develop a set of global managed trade principles for a more equitable and sustainable world trade regime. This book will be of great interest to those who study political economy, history of economic thought, and international trade, including trade agreements and tariffs. --
- Language
- eng
- Extent
- viii, 168 pages
- Isbn
- 9781138852952
- Label
- The global free trade error : the infeasibility of Ricardo's comparative advantage theory
- Title
- The global free trade error
- Title remainder
- the infeasibility of Ricardo's comparative advantage theory
- Statement of responsibility
- Ron Baiman
- Language
- eng
- Summary
- The doctrine of "free trade" is second only to that of "free markets" in undergirding ideological support for our current global economic structures and rules. From David Ricardo’s "comparative advantage principle" to James Meade’s Neoclassical or mainstream economics proof of self-adjusting free trade equilibrium, the free trade doctrine has had a lasting and destructive hold on Neoclassical economic thinking since its inception. The Global Free Trade Error provides a detailed analysis of these foundational models and counter-poses these to alternative Neo-Marxist "unequal exchange" models of global trade and finance. In the first part of the book the three core free trade models alluded to above are respectively demonstrated to be: overdetermined, inapplicable, and infeasible. In particular, Ricardo’s parable is shown to support managed trade rather than free trade as Ricardo and two centuries of economic texts have claimed. In the second part of the book, unequal exchange analyses of global trade are shown to provide logically coherent and useful insights into global trade and finance. In the third and final part of the book, this unequal exchange perspective is used, within a general "demand and cost" setting, to develop a set of global managed trade principles for a more equitable and sustainable world trade regime. This book will be of great interest to those who study political economy, history of economic thought, and international trade, including trade agreements and tariffs. --
- Assigning source
- Provided by publisher
- Cataloging source
- DLC
- http://library.link/vocab/creatorDate
- 1951-
- http://library.link/vocab/creatorName
- Baiman, Ron
- Illustrations
-
- illustrations
- maps
- Index
- index present
- Literary form
- non fiction
- Nature of contents
- bibliography
- Series statement
- Routledge frontiers of political economy
- Series volume
- 225
- http://library.link/vocab/subjectName
-
- Free trade
- Comparative advantage (International trade)
- Label
- The global free trade error : the infeasibility of Ricardo's comparative advantage theory, Ron Baiman
- Bibliography note
- Includes bibliographical references and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- ocn967919553
- Dimensions
- 24 cm.
- Extent
- viii, 168 pages
- Isbn
- 9781138852952
- Lccn
- 2016044546
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- System control number
- (OCoLC)967919553
- Label
- The global free trade error : the infeasibility of Ricardo's comparative advantage theory, Ron Baiman
- Bibliography note
- Includes bibliographical references and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- ocn967919553
- Dimensions
- 24 cm.
- Extent
- viii, 168 pages
- Isbn
- 9781138852952
- Lccn
- 2016044546
- Media category
- unmediated
- Media MARC source
- rdamedia
- Media type code
-
- n
- System control number
- (OCoLC)967919553
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/The-global-free-trade-error--the-infeasibility/XMdapHnGFb8/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/The-global-free-trade-error--the-infeasibility/XMdapHnGFb8/">The global free trade error : the infeasibility of Ricardo's comparative advantage theory, Ron Baiman</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>
