New Edition of The Choice

by Russ Roberts on August 14, 2006

in Trade

A new edition of my book, The Choice: A Fable of Free Trade and Protectionism will be coming out later next month. It’s a primer on trade and trade policy written in the form of a novel. David Ricardo comes back as a ghost to discuss trade issues with Ed Johnson, the head of an American television company in 1960 worried about Japanese competition. Dave takes Ed into the future (our present) to see the impact of trade on the lives of Americans.

There are new chapters on outsourcing, the importance (or unimportance) of manufacturing jobs, and globalization and the IMF and the World Bank. There are expanded discussions of comparative advantage, multilateral trade agreements such as CAFTA, and China and India. I’ve also updated the data. By cutting out outdated and redundant material, the book is only about ten pages longer than the last edition.

You can pre-order it at Amazon here. I’m hoping the final price will end up a little lower, but it is much cheaper than the last edition.

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{ 4 comments }

save the rustbelt August 14, 2006 at 9:27 pm

Sorry, but the economy here is so lousy I can't afford the book.

Maybe you could try exporting…..

Rex Pjesky August 14, 2006 at 10:39 pm

Thanks, Professor Roberts. I can't wait for your new edition.

This is a required book for my Macro students. They love it! I have had so many of them tell me it is the one book they would never sell back.

Rustbelt, you have the ability to read and write and you have internet access. I'd bet that would put you in the top 1 or 2 percent of the world in terms of available opportunity.

Bob Smith August 15, 2006 at 12:08 am

Rustbelt,
Given the number of postings I've seen over the last few months, you seem to be able to command your own time, for the most part. That would put you in the upper portion of the top 2% of the world's population. Maybe next time you might attempt for something more substantive than "snide."

Kent Gatewood August 15, 2006 at 9:04 am

If farm subsidies are unacceptable to free traders, shouldn't the World Bank and the IMF also be unacceptable?

Are payments to government universities also unfair to private American universities and universities in India and China?

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