~ TMOFTATSHOC ~ The Myth Of Free Trade And The Secret History Of Capitalism

~ BHTUT-ITESOTD-VASCUSMO-P-S-A-R-IOTDTE ~ But History Tells Us That – In The Early Stage Of Their Development – Virtually All Successful Countries Used Some Mixture Of – Protection – Subsides – And – Regulation – In Order To Develop Their Economies

~ U-ALOHITRCH-‘KATL’-BF-FM-FT-P-O-PC ~ Unfortunately – Another Lesson Of History Is That Rich Countries Have – “Kicked Away The Ladder” – By Forcing – Free-Market – Free-Trade – Policies – On – Poor Countries

~ AECDNWMCETTNPTTSUITP ~ Already Established Countries Do Not Want More Competitors Emerging Through The Nationalistic Policies They Themselves Successfully Used In The Past

~ TIOITFEDCBO-BFTINTBPTED ~ The Importance Of International Trade For Economic Development Cannot Be Overemphasized – But Free Trade Is Not The Best Path To Economic Development

~ THEDOWTCEAMOPAOT-CAIATICNAC ~ Trade Helps Economic Development Only When The Country Employs A Mixture Of Protection And Open Trade – Constantly Adjusting It According To Its Changing Needs And Capabilities

~ TISTIFEDTBLTFTE ~ Trade Is Simply Too Important For Economic Development To Be Left To Free Trade Economists