INTERNATIONAL TRADE: Re-inventing the wheel of international trade*

The world’s chronically-unbalanced trading system has been the trigger for the financial crash, writes Colin Teese.After 25 years, the world seems to be giving up on the failed experiment of free market fundamentalism, although it hasn’t yet totally abandoned some commitment to free trade.Such has been the enthusiasm for this recent orthodoxy that critics of the free market experiment over the last 25 years have been either ignored or routinely ridiculed.However, informed opinion around the worl…

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