“We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U. S. industry and ratchet down wages, in the name of free trade.”

— Robert Kuttner

Source: The Economic Illusion (1984), Chapter 3, Trade, p. 124

Adopted from Wikiquote. Last update June 3, 2021. History

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Robert Kuttner 23

American journalist 1943

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Robert Kuttner 23

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