Of Free Trade and Free Market Mythology

 

“With only a few exceptions, all of today’s rich countries, including Britain and the United States—the supposed homes of free trade and free market—have become rich through the combinations of protectionism, subsidies and other policies that today they advise the developing countries not to adopt.”

—Ha-Joon Chang, 23 Things They Don’t Tell You About Capitalism, 2010

 

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