“Ricardo’s Gauntlet” is a brilliant tour de force. Mainstream economists unanimously argue that the logic of comparative advantage and national specialization makes a rigid adherence to free trade the best policy for everyone, all the time, everywhere. Kishore devastates the argument. This is a powerful and timely contribution to the growing body of technically excellent alternatives to a stultifying orthodoxy.”
— Duncan Kennedy, Carter Professor of General Jurisprudence at Harvard Law School
This month, we are excited to present one of our trade titles, Ricardo’s Gauntlet: Economic Fiction and the Flawed Case for Free Trade as “Book of the Month”. The book’s publication comes at a time when the free trade debate continues to rage in the media. It advances a critique of the mainstream economic case for international free trade and argues that this case relies on a cluster of interconnected and mutually enforcing ‘economic fictions’ – economic theories or doctrines that pretend to be fact but which upon examination turn out to be mirages.