Lüder Gerken ; translated by John Kinory and Ine-Marie van Dam.
EDITION STATEMENT
Edition Statement
English language ed.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
New York :
Name of Publisher, Distributor, etc.
Routledge,
Date of Publication, Distribution, etc.
2004.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (xv, 288 pages)
SERIES
Series Title
Foundations of the market economy
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references (pages 240-275) and indexes.
CONTENTS NOTE
Text of Note
Book Cover; Title; Contents; Acknowledgements; Prologue: a tale from days of olde with a sad ending; Introduction; Does neoclassical trade theory provide a justification for free trade?; Classical and neoclassical free trade theory; Special problems of neoclassical trade theory: the assumptions as prerequisites of the free trade postulate; General problems of neoclassical welfare economics; Summary of Part I; Do the functional conditions of the market order provide a justification for free trade?
Text of Note
'Freedom' and 'equality' as material claims against society?Summary of Part III; International trade and trade policy in the order of liberty; The spheres of freedom of market participants involved in international trade; Free trade as an integral part of the order of liberty; Special trade restrictions on goods markets in the order of liberty; Trade restrictions on factor markets in the order of liberty; The causes of and possible approaches to overcoming protectionism; Summary of Part IV; Notes; Bibliography; Name index; Subject index
Text of Note
The knowledge problem as a central challenge in economics and its neglect in neoclassical equilibrium theoryThe aim neutrality and rule dependence of the market order; Resolving the knowledge problem in the market order; Efficiency as justification of the market order in general and of economic policy in particular; Market order and policy on international trade; Summary of Part II; The order of liberty; The principles of the order of liberty; Reasons for and justification of the order of liberty as a societal principle; The state in the order of liberty
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SUMMARY OR ABSTRACT
Text of Note
In these heady days of ever increasing globalization it has become vital to question whether governments should be allowed to protect domestic enterprises from foreign competitors.This book represents a first attempt to provide a new conceptual basis for discussing the cases in which free trade should be the option of choice in trade policy and those in which protectionism should be used. Lüder Gerken expands the economic tool of ordo-liberalism, founded by Walter Eucken and developed by Friedrich von Hayek, to make it applicable to foreign trade.With impressive clarit.
ACQUISITION INFORMATION NOTE
Source for Acquisition/Subscription Address
eBook Library
OTHER EDITION IN ANOTHER MEDIUM
Title
Constitution of liberty in the open economy.
International Standard Book Number
0415279410
TOPICAL NAME USED AS SUBJECT
Commercial policy.
International trade.
Protectionism.
BUSINESS & ECONOMICS-- Exports & Imports.
BUSINESS & ECONOMICS-- International-- General.
BUSINESS & ECONOMICS-- International-- Marketing.
Commercial policy.
International trade.
POLITICAL SCIENCE-- International Relations-- Trade & Tariffs.