Constitution of Liberty in the Open Economy
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A01=Luder Gerken
Aggressive Price Strategies
aim
Aim Neutrality
Austrian Economics
Author_Luder Gerken
Category=KCLT
Classical Free Trade Theory
Domestic Country
economic policy analysis
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Export Subsidies
Follow
Foreign Competitors
Foreign Entrepreneurs
free
functional
Held
Importcompeting Industry
individual
Individual Market Participant
international trade theory
justification for trade protectionism
knowledge problem economics
Marginal Rate
market
Market Order
market order theory
Monetary Units
National Competitors
National Entrepreneurs
National Individuals
Neoclassical Trade Theory
neutrality
order
ordoliberalism
participant
policy
Public Choice
Rule Dependence
Social State Principle
Social Welfare Function
State's Coercive Activities
State’s Coercive Activities
trade
Unanimity Principle
Violate
welfare economics
Welfare Economics Approach
Product details
- ISBN 9780415646925
- Weight: 560g
- Dimensions: 156 x 234mm
- Publication Date: 15 Nov 2012
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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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
Lüder Gerken is Director of the Foundation for Market Economics, Berlin, Germany
