Free Trade and Liberty


Conferees reconsidered the fundamental principles of free trade in order to assess this central tenet of a free and self-ordering society by reviewing the interventionist debate from its early mercantilist roots to present policy controversies.


Conference Readings

Allen, William R. International Trade Theory: Hume to Ohlin. New York: Random House, 1965.

Autor, David H., David Dorn, and Gordon H. Hanson. “The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade.” Annual Review of Economics 8 (2016): 205-240.

Cowen, Tyler. “A Profession with an Equalitarian Core.” New York Times (March 16, 2013): 1-3.

Graceffo, Antonio. “Trump’s New Protectionism: Economic and Strategic Impact.” Foreign Policy Journal (February 1, 2017): 1-8.

Hamilton, Alexander. The Revolutionary Writings of Alexander Hamilton. Edited by Richard B. Vernier. Indianapolis: Liberty Fund, Inc., 2008.

Harford, Tim. “What’s so great about free trade anyway?” Financial Times (February 1, 2017): 1-3. (accessed 1/22/2018).

Hicks, Michael J. and Srikant Devaraj. “The Myth and the Reality of Manufacturing, June 2015.” Center for Business and Economic Research, Ball State University. (2/9/2018).

Hume, David. Essays: Moral, Political, and Literary. Edited by Eugene F. Miller. Indianapolis: Liberty Fund, 1985.

Irwin, Douglas A. Against the Tide: An Intellectual History of Free Trade. Princeton: Princeton University Press, 1998.

Krugman, Paul. “Ricardo’s Difficult Idea.” (August 1, 2017).

Krugman, Paul. “What Should Trade Negotiators Negotiate About?” Journal of Economic Literature XXXV (March 1997): 113-120.

Krugman, Paul R., et al. International Trade: Theory and Policy, 10th Edition. Boston: Addison-Wesley, 2014.

Lemieux, Pierre. “Trade and Adjustment Costs.” Regulation (Fall 2016): 10-11.

List, Friedrich. Outlines of American Political Economy in a Series of Letters. Philadelphia: Samuel Parker, 1827. (accessed 1/22/2018).

Mill, James. Commerce Defended. London: C & R Baldwin, 1808. (accessed 1/22/2018).

Mill, John Stuart. The Collected Works of John Stuart Mill, Volume 3: Principles of Political Economy. Edited by J. M. Robson. Indianapolis: Liberty Fund, 2006.

Ricardo, David. The Works and Correspondence of David Ricardo, Volume 1: On the Principles of Political Economy and Taxation. Edited by Piero Sraffa with the collaboration of M. H. Dobb. Indianapolis: Liberty Fund, 2004.

Rodrik, Dani. Straight Talk on Trade: Ideas for a Sane World Economy. Princeton: Princeton University Press, 2016.

Ross, Wilbur. “Mr. Trump Makes Some Good Points on Trade.” Wall Street Journal (August 14, 2016): 1.

Smith, Adam. An Inquiry into the Nature and Causes of the Wealth of Nations: Volume 1. Indianapolis: LibertyClassics, 1981.

Steuart, James. An Inquiry into the Principles of Political Oeconomy. London: Pickering & Chatto, 1998.

Stolper, Wolfgang F. and Paul A. Samuelson. “Protection and Real Wages.” The Review of Economic Studies 9, no. 1 (November 1941): 58-73.

The Economist. “An inconvenient iota of truth.” The Economist (August 6, 2016): 1-5.