As beggar-thy-neighbor policies contributed to the Great Depression, so did Destructive Trade contribute to, if not cause, the Great Recession. At the heart of the argument is the fact that modern policy-makers believe in free trade based on comparative advantage, neglecting the fact that with...

Using empirical evidence and theoretical analysis we show the fallacy of globalization through free international trade. A new and more comprehesive destructive trade analysis indicates that free international trade per se is likely to worsen world economic conditions and especially those of...