Description
Book SynopsisTrade ReviewBalanced Trade: Ending the Unbearable Costs of America’s Trade Deficits addresses the problems caused by this country’s unbalanced trade in a straightforward and hard-hitting way. The book describes the significant negative impact of unbalanced trade on the U.S. economy and the many possible steps that can be taken to move the country back to a productive trade regime. -- Ralph Gomory, New York University
Table of ContentsTable of Contents Dedication Acknowledgements Introduction Part I - The Problems 1. The Problem of Mercantilism 2. The Problem of Private Savings Flows 3. The Problem of Trade Deficits Part II - The Failures 4. The Failure of the Economists 5. The Failure of the Political System 6. The Failure of the Federal Reserve Part III - The Solutions 7. Reciprocity: Principles for Balanced Trade 8. Methods for Balancing Trade 9. The Scaled Tariff 10. Balanced Trade Economics Notes References
