The man and the moment -- The politics of capture -- Continuity and collusion -- Missing a rendezvous with reform -- Crony capitalism -- Obama's loyal opposition -- Political malpractice -- Change we can believe in

As trade flows expanded and trade agreements proliferated after World War II, governments-most notably the United States-came increasingly to use their power over imports and exports to influence the behavior of other countries. But trade is not the only way in which nations interact...