The Intellectual Basis of Trade Policy Trench Warfare

At its core, trade policy is based in economics. And despite what many economists claim, economics is not a science. And, as with economics, intellectual approaches to the issue of trade differ substantially. These approaches reflect differences in economic doctrine among economists, policymakers and others. This event will discuss the three competing economic doctrines that shape the trade debate: the predominant neoclassical doctrine (NC), the oppositional neo-Keynesian doctrine (NK), and the emerging innovation economics (IE) doctrine, and the way that believing in one doctrine affects your beliefs about trade policy. Join ITIF for a conversation with an expert panel about the evolution of trade policy and economics.