This book examines America's economy over the past several decades and the sources of our recent success and comes to surprising conclusions about what we can learn from it.

This book exploresthe negative consequences of attempts to protect key U.S. manufacturing industries through the use of antidumping laws.

The author argues that American productivity and living standards, along with those of other countries, will improve only with a renewed commitment to open multilateral trade.

This paper argues that the conventional view which sees international transport costs reductions as the major force in price convergence cannot be upheld when the period under scrutiny is extended to the last two centuries. Domestic transport costs fell for land-locked regions while real...

By documenting the legislative history of the Corn Laws from 1670 and using previously unused data to calculate annual Ad Valorem Equivalents for most years from 1814, it is possible to establish several important facts about British wheat protection. Statutory protection was only significant...

Economic theory and empirical studies consistently support the case for free trade. With such a point of departure, the difficulties concluding the Uruguay Round of trade negotiations and the widespread use of protectionist measures in general seem paradoxical. However, through the introduction...