"Jagdish Bhagwati combines impressive theoretical skills with a
rare talent for clear exposition. He has had a profound influence
on trade policy thinking among scholars and practitioners. Once
again he brings his formidable analytical gifts to bear in these
lectures. They should be read by everybody who wants to understand
the case for trade and why it sometimes seems so difficult to make
that case."--Michael Moore, Director General, World Trade
"Professor Bhagwati is our most powerful and persuasive advocate
of free trade. In this book he does two important things: he
punctures all the standard false arguments for protection, and he
uses the modern theory of commercial policy to suggest how a
balanced approach to trade and social policy might look. And all of
this comes in a compact, lively, and readable package."--Robert M.
Solow, Massachusetts Institute of Technology, 1987 Nobel Laureate
in Economic Sciences
"Trade liberalization in the second half of the twentieth
century brought huge benefits, especially to those less-developed
countries which seized the new opportunities. Now these gains are
being threatened by 'Seattle-person, ' the offspring of an alliance
between forces of ignorance and special interests. Jagdish
Bhagwati's courageous stand against this threat merits our
admiration. His rigorous yet lively restatement of the case for
free trade should be required reading for all participants in the
public debate on globalization."--Avinash K. Dixit, Princeton
"Bhagwati is the prime warrior for free trade. In this splendid
book, he encapsulates all major arguments in favor of free trade
and debunks many arguments against it in a lucid andentertaining
style. The arguments are up to date, addressing all key issues of
the last decade."--Elhanan Helpman, Harvard University and Tel Aviv
"Jagdish Bhagwati is easily the most creative international
trade theorist of his generation, whose work has changed
fundamentally the way we now think about free trade and protection.
He is also our leader in the fight for freer trade: his witty,
graceful, and incisive op-eds and reviews in the leading magazines
and newspapers worldwide and his public debates deliver unceasingly
the coup de grace to the myriad critics of free trade. "Free Trade
Today," which brings under one rubric the deep insights from modern
theory--much of it his own work--to refute these critics, is a tour
de force."--Arvind Panagariya, University of Maryland and Chief
Economist, Asian Development Bank
"With customary wit and insight, Jagdish Bhagwati demonstrates
the relevance of the theory of commercial policy, in which he was
the leading pioneer, to current trade policy debates. The analysis
is sharp and pungent, and the writing a delight--a must read for
anyone interested in trade policy!"--Douglas A. Irwin, Dartmouth
College, author of "Free Trade Under Fire and Against the Tide: An
Intellectual History of Free Trade"
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