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Kaldor quote. Free trade leads to inequality by favoring endowments, i.e. developed regions over emerging ones.Although the post doesn't mention it, America took advantage of protectionism under the 19th. c. American System and then switched back to imposition of the British System after becoming dominant in the 20th c.The Case for Concerted ActionRamesh Chandra On Nicholas Kaldor And Circular Cumulative CausationV. Ramanan
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Kaldor quote. Free trade leads to inequality by favoring endowments, i.e. developed regions over emerging ones.Kaldor quote. Free trade leads to inequality by favoring endowments, i.e. developed regions over emerging ones.Although the post doesn't mention it, America took advantage of protectionism under the 19th. c. American System and then switched back to imposition of the British System after becoming dominant in the 20th c.The Case for Concerted ActionRamesh Chandra On Nicholas Kaldor And Circular Cumulative CausationV. Ramanan
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Mike Norman considers the following as important:
This could be interesting, too:
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Although the post doesn't mention it, America took advantage of protectionism under the 19th. c. American System and then switched back to imposition of the British System after becoming dominant in the 20th c.
The Case for Concerted Action
Ramesh Chandra On Nicholas Kaldor And Circular Cumulative Causation
V. Ramanan