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The Wealth of a Nation is an authoritative history of trade and the politics surrounding it from the nation's founding to the present. Authored by former U.S. congressman and U.S. Trade Representative C. Donald Johnson, it offers a powerful defense of the post-World War Two liberal economic order that America created, and explains why abandoning it will harm all Americans, including workers.
List of contents
- List of Figures
- Preface
- Acknowledgments
- Introduction: The Battle in Seattle and Adam Smith
- PART ONE: FROM HAMILTON TO SMOOT- HAWLEY: THE RISE AND FALL OF THE US PROTECTIONIST SYSTEM
- 1 "A Genuine American System"
- 2 Crisis, Compromise, and Free Trade in the Jacksonian Democracy
- 3 Civil War and Robber Barons
- 4 The Gilded Age of Protectionism
- 5 Trade Reform in the Progressive Era
- 6 The Roaring Twenties and the Path to Smoot- Hawley
- PART TWO: THE TRANSFORMATION: THE CREATION OF THE LIBERAL ECONOMIC ORDER
- 7 FDR and Cordell Hull
- 8 The Brain Trust
- 9 The Dawn of the Multilateral Trading System
- 10 The Anglo- American Special Relationship
- 11 The Postwar Atlantic Alliance
- 12 The Birth of GATT
- 13 The Havana Charter
- PART THREE: THE SURVIVAL OF THE SYSTEM
- 14 A New Economic Order?
- 15 Labor's Love Is Lost
- 16 Advancing Worker Rights beyond the WTO
- Conclusion: Donald Trump, the Forgotten Man, and the Liberal Economic Order
- Notes
- Bibliography
- About the Author
- Index
About the author
C. Donald Johnson is Director Emeritus of the Dean Rusk International Law Center at the University of Georgia School of Law, where he was on the faculty for eleven years and taught international trade law in China and Geneva. From 1998 through 2000, as an Ambassador in the Office of United States Trade Representative, he served as the Chief Textile Negotiator during the negotiation of U.S.-China WTO Accession Agreement. From 1993 to 1995, he represented the 10th district of Georgia as a Member of Congress, where he focused on national security and international economic policy, including NAFTA and the WTO implementing legislation. Johnson also served in the Georgia State Senate from 1987 to 1992, where he was chairman of the Appropriations Committee. He served on the trade staff of the U.S. House of Representatives Ways and Means Committee during consideration of the Trade Act of 1974. He holds a Master of Laws degree from the London School of Economics. http://www.cdonaldjohnson.com
Summary
The Wealth of a Nation is an authoritative history of trade and the politics surrounding it from the nation's founding to the present. Authored by former U.S. congressman and U.S. Trade Representative C. Donald Johnson, it offers a powerful defense of the post-World War Two liberal economic order that America created, and explains why abandoning it will harm all Americans, including workers.
Additional text
An unabashed believer in economic liberalism, C. Don Johnson warns us of the dangers of Donald Trump's protectionist policies. By exploring the history of protectionism since the nation's founding, the rise of the modern-day liberal order, and its potential demise under Trump, this former congressman, trade negotiator, and lawyer lays out a story designed to reach a wide audience.
