Optimists claim that the debacle in Cancún is just a temporary setback. As old trade hands were quick to point out, world trade summits have an unfortunate habit of failing: just cast your mind back to Seattle in 1999, Brussels in 1990 and Montreal in 1988. Eventually, though, negotiators haul the show back onto the [...]
Posted 01 Mar 2004 in Progressive Politics, Published articles, Trade
Markets do not exist in a vacuum; they operate in a social, political, and legal context. That insight – obvious to thinkers such as Adam Smith and Karl Marx, but forgotten in the zeal to fashion economics into a science more like physics than sociology – lies behind the revival in recent decades of the [...]
Posted 01 Mar 2004 in Foreign Policy, Published articles, Trade
