The Choice: A Fable of Free Trade and Protectionism Updated Edition
"Brilliantly conceived."—Martin Wolf,Financial Times"Gather around all of you who have been flummoxed by concepts like comparative advantage and purchasing power parity, puzzled about the difference between a tariff and a quota, or confused about which is better—fair trade or free trade.  Russell Roberts explains the mysteries of global life in a heartwarming tale you won't soon forget."—Susan Lee,The Wall Street Journal"Russell Roberts' clever allegory clearly points out the fundamental danger threatening free trade: the favoring of the few at the expense of the many.  More importantly, he makes a difficult situation understandable…and enjoyable!"—Fred Smith, CEO, Federal Express"…Puts the complex…issues surrounding…theemerging global economy into understandable terms. The ending is a surprise, the journey a pleasure.  And the payoff for the reader is a broader, more vivid appreciation of trade issues."—Doug Harbrecht,Business Week