Clashing Over Commerce
A History of Us Trade Policy
Format:Paperback
Publisher:The University of Chicago Press
Published:1st Aug '19
Should be back in stock very soon
This book provides a detailed exploration of U.S. trade policy, highlighting historical conflicts and current debates surrounding commerce and protectionism.
In Clashing Over Commerce, Douglas A. Irwin delves into the contentious history of U.S. trade policy, exploring the ongoing debate between open commerce and protectionism. This conflict has been a significant aspect of American political life, with historical figures like James Madison highlighting the inevitable clashes of economic interests that arise when trade policies are formed. Irwin illustrates how this struggle has shaped the nation's economic landscape, impacting industries, farmers, and workers across the country. The stakes are high, as trade policy decisions can lead to prosperity for some while causing hardship for others.
The book traces the evolution of trade policy from its early days, starting with Thomas Jefferson's embargo on foreign trade, which sparked national division, to the Civil War era's shift towards protectionism. Irwin examines key moments, such as the Smoot-Hawley tariff during the Great Depression, that prompted a significant pivot towards freer trade and the establishment of trade agreements that ultimately led to the formation of the World Trade Organization. By highlighting how geographical interests influence trade policy, Irwin provides a comprehensive understanding of the political dynamics at play.
As contemporary debates around U.S. trade policy resurface, particularly during the Trump administration, Clashing Over Commerce offers a rich historical perspective that sheds light on current discussions. Irwin's thorough research and insightful analysis make this book an essential resource for anyone looking to understand the complexities of trade policy in the United States, both historically and in the present day.
"Irwin outlines [the] long evolution of trade politics from the mercantilist 1640s to the present, when Trump has made trade controversial again by arguing for a renewal of protectionist policies. [His] chronicle--lengthy, detailed, and readable--traces the winding trail that has brought us to the liberal world trading order we enjoy today."--George Melloan, Wall Street Journal "At a time when Washington's approach to trade seems poised to undergo a significant shift, this magisterial book surveys the entire history of US trade policy since the Colonial era, using congressional debates and actions to show how conflicting domestic economic interests have led Americans to clash repeatedly over trade."--Foreign Affairs, Best of Books 2018 (01/02/2019) "Tells the history of American trade policy, showing that trade is neither dull nor deserving of the attacks on it. . . . As Mr Irwin spins this grand narrative, he also debunks trade-policy myths."--Economist "At a time when concerns about trade wars unsettle financial markets and engage media pundits, those seeking a deeper understanding may choose to consult Irwin's hefty volume."--EH.net "Irwin's magnum opus . . . is already a classic. Given the prominent role trade is playing in politics right now, it is also very timely. At almost seven hundred pages, Clashing over Commerce looks intimidating. But once you start reading, it isn't. Irwin tells a coherent story that spans generations, showcasing the prominent personalities in the great trade debate, their larger philosophical and economic arguments, and the legislation and policies they fought over. It hits on all levels."-- (01/02/2019) "Other histories have been written about US trade policy, but Irwin's is the most comprehensive and useful for guiding our current decision making on trade. . . . Irwin combines scholarly analysis with a historian's eye for trends and colorful details. This book is readable and illuminating, for the trade expert and for all Americans wanting a deeper understanding of America's evolving role in the global economy." --National Review "Clashing over Commerce is a magisterial book. Irwin takes readers through the long story of American trade policy with keen insight and a sense for historical significance."--I. M. Destler, University of Maryland "Clashing over Commerce is a very impressive book. Besides a detailed history of trade policy, it provides a general picture of American political and economic history."--Regulation "This is, without a doubt, the most comprehensive discussion of trade policy since Taussig's immensely influential Tariff History of the United States. Irwin describes the profound evolution of American trade policy from colonial times to the present, bringing up to date with the most recent empirical research and the emergence of a broader trade policy. In its breadth and depth, Clashing over Commerce represents a major contribution."--Jeremy Atack, Vanderbilt University
ISBN: 9780226678443
Dimensions: 229mm x 152mm x 56mm
Weight: unknown
862 pages