This study assesses the potential gains from unilateral trade liberalization for the UK, against the background of a hard Brexit in which a hard border and tariff wall is erected between the UK and the European Union. Unilateral trade liberalization would allow the UK to expeditiously offset at...

When an industrial concern pollutes the environment thereby interfering with neighboring homeowners' use and enjoyment of their property, may the homeowners enjoin the pollution even where compliance with an injunction could force the polluting industry to stop production? Faced with this kind...

Why did economic liberalization program in Egypt simply reinforce the pre-liberalization structure, leaving Islamic business groups at the margins of political and economic power? This article analyzes the implementation of Egyptian economic liberalization, with special reference to the years...

Since the 1991 balance of payments crisis, India has embarked on an ambitious program of economic liberalization. Over the past decade the Indian government has introduced a series of far-reaching reforms that have transformed the once closed economy. This paper examines the policy reforms and...

Adam Smith was allegorical, knowingly and profoundly, but after him things went downhill, or even dropped off a cliff. From science anxieties many liberals spurned allegory, touting foundations, facts, science, etc. But we see in their discourse, notably on the economic system as cooperation,...

In order to affirm its status as an “advanced industrial nation,” Japan has formally adopted a sweeping program of liberalization in its own trade and payments. In practice, however, this program is subject to various limitations; to a considerable extent the apparently smooth implementation...