Free trade—indeed, economic globalization generally—is under siege. The conventional arguments for protectionism have been discredited but not banished. And free trade faces strong new challenges from ...
In his 1948 memoirs, Cordell Hull wrote that during his 12 years as US President Franklin D. Roosevelt’s secretary of state he was guided by the idea that “unhampered trade dovetailed with peace.” ...
Globalization’s first age some 200 years ago sheds light on today’s turn toward economic nationalism The “first age” of globalization was beset by contradictions. In the 60 years or so before World ...
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