This book offers an assessment of the benefits and contemporary relevance of free trade. With contributions from senior policy-makersranging from former prime ministers of Australia and the United Kingdom to ambassadors and political figures who have worked on trade negotiationsas well as some of the most prestigious academics in the field of trade, from a Nobel Prize winner to esteemed economic historians, it teaches how important free trade is to prosperity in this day and age. This book brings together the key approaches to free trade in the modern world, including the practical realities of negotiating trade agreements, how we can move towards a system of genuine free trade and the moral case for free trade.
Each chapter in Free Trade in the Twenty-First Century has an eminent expert in the field addressing a specific aspect of modern trade. With a single book, one can gain an understanding of the most important themes, from the impact monetary economics has on trade to the intricacies of free trade agreements. By having chapters written by political figures, trade negotiators and think tank analysts, this book takes trade beyond abstruse economic theory and brings it into political reality so that the reader can understand how we can use trade to create global peace and prosperity.
Part I. The Philosophy, Politics and Ethics of Free Trade.
Chapter
1. Adam Smiths Moral Sentiments, Society, and Free Trade (Vernon Smith ).-
Chapter 2. Reflections from the Inside Out: What Libertopia tell us about the
Nature of Markets in Trade (Tim Evans).
Chapter 3. The Foundations of Free
Trade (Patrick Barron).
Chapter 4. The psychology of protectionism (Eamonn
Butler).
Chapter 5. Free Trade For Peace, Prosperity and Progress (Thorsten
Polleit).
Chapter 6. The Cultural Politics of Free Trade in Britain (Stephen
Davies).
Chapter 7. Free Trade and Austro-libertarianism (Walter E. Block).-
Chapter 8. Ludwig von Mises on Trade, Human Development, and Human Progress
(Mark Thornton).- Part II. The Viewpoints of Senior Policy-Makers.- Chapter
9. The International Trading System: A Practitioners Perspective (Tim
Groser).
Chapter 10. Why Free Trade Is Difficult To Achieve In Practice
(Lord Syed Kamall).
Chapter
11. 24 Free Trade: A Ministerial
Perspective (Lord Peter Lilley).
Chapter
12. (Liz Truss).
Chapter
13. Revising Globalising (Tony Abbott).
Chapter
14. Free Trade in the 21st
Century (Barbara Kolm).
Chapter 15. Mrs. Thatchers prescient Bruges
Speech (Daniele Cappezonne).
Chapter 16. The case for free trade why we
need to keep making it (Douglas Carswell).
Chapter
17. (Lord Jon Moynihan).-
Chapter 18. The case for free trade why we need to keep making it (Lord Jon
Moynihan).- Part III. Monetary Economics and Global Trade.
Chapter 19. The
Monetary System of Free Trade (Keith Weiner).
Chapter 20. Twin deficits
How are they related? (Alasdair MacLeod).
Chapter
21. Big Players and the
Volatility of Exchange Rates (Roger Koppl).
Chapter
22. Fix Money Fix the
World (Dominic Frisby).- Part IV. Economic Policy and Trade: The Good, The
Bad and the Ugly.- Chapter 23. Free Trade in the Nordic Countries (Hannes H.
Gissurarson).
Chapter
24. Old Lessons for the New Protectionists (Phil
Magness).
Chapter 25. Free Trade is Not Free: Why Deglobalization is
(Unfortunately) Here to Stay (Keith Jakee).
Chapter 26. Export Subsidies
(Veronique de Rugy).
Chapter 27. Germanys Costly Hidden Export Subsidies
(Gunther Schnabl).
Chapter
28. Trading Away Freedom: How Non-Trade Elements
Came to Dominate Trade Agreements (Iain Murray).
Chapter 29. Trade
Adjustment Textbook
Chapter (Scott Lincicome).
Chapter
30. Challenges in
Export Growth and Financial Compliance for Latin America (Jorge Jraissati).-
Part V. Free Trade and Free Markets.
Chapter 31. How Free Trade Helps
Businesses Thrive (Daniel Lacalle).
Chapter 32. Colombias Uber Wars:
Anarchy, Legalism & the Microeconomics of Trade Restrictions (Daniel
Raisbeck).
Chapter 33. Globalization, Long May It Reign (Deirdre Nansen
McCloskey).
Chapter 34. Social market economy, Ordo Liberalism and
Neoliberalism. An introduction (Annette Godart-van der Kroon).
Chapter
35. Revealing the benefits of trade to university students (Anthony J.
Evans).
Chapter 36. Free Trade Myths and Realities (Wayne Winegarden).-
Chapter 37. Free Trade versus Interventionism (Jörg Guido Hülsmann).
Chapter
38. Globalization: Free Trade versus Managed Trade (Richard M. Ebeling).
Max Rangeley runs an economics think tank founded by a member of Parliament and has served on the boards of other think tanks in London and Brussels. He has given many speeches in the European Parliament and in central banks among other institutions, including moderating the Future of Artificial Intelligence roundtable discussions in the European Parliament and organizing the Blockchain Summit in the European Parliament.
Lord Daniel Hannan was a member of the European Parliament for more than twenty years, then joined the House of Lords. He founded the think tank the Institute for Free Trade and has served on the boards of other think tanks. He has written fourteen books and is regularly featured on news and discussion programs on television in the UK.
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