Constitution of Liberty in the Open Economy

<p>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.<br>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. <strong>Lüder Gerken </strong>expands the economic tool of ordo-liberalism founded by Walter Eucken and developed by Friedrich von Hayek to make it applicable to foreign trade.<br>With impressive clarity and ingenuity Gerken powerfully argues a scientific case for free trade as a best practice solution to the demands of globalization</p>