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New Edition of The Choice

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 By cutting out outdated and redundant material, the book is only about ten pages longer than the last edition.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.