Protectionism (Ohlin Lectures)
"An economist who writes a short book in graceful English merits acclaim for that achievement alone. When he adds a sense of history and touches of humor, applause can only grow louder. Jagdish Bhagwati has done considerably more. He has adroitly expounded the arguments for free trade and protection in a form readily comprehensible to noneconomists, and at the same time has referred fellow practitioners to the latest research findings on the process and effects of international trade.... I recommend this model piece of exposition to anyone trying to make sense of the endless arguments over free trade, 'fair' trade, 'managed' trade, and outright protectionism."Robert Lekachman,New Leader"In this one small book, protectionism the major policy issue of our time has been beautifully summed up by Professor Bhagwati for both expert and general reader. A tour de force!"Paul A. Samuelson"Professor Bhagwati's important and timely book refutes fashionable nonsense about trade policy coming from Congress and elsewhere. It also provides solid grounds for believing that the tide will turn against protection."Samuel Brittan, Assistant Editor,Financial Times