Abstract
The contributions of Ludwig von Mises on the topic of international trade policy and international organizations in presented in order to explain the current WTO-Doha crisis. During the 20th century, Mises personally witnessed the conflict between the agenda of international organizations, and the economic nationalism of world governments. He analyzed in detail how domestic interventionist mentalities necessarily frustrate international efforts for peace and free trade, and warned about the obstacles faced by international organizations in curbing increased government intervention. Mises's insights on the ideological tensions between domestic and foreign policies is used as a framework to study the underlying causes of the current breakdown of multilateral trade talks. In this context, the relevance of the WTO for the international free trade movement is discussed, and some alternative solutions for the future of international trade is analyzed.
| Original language | English |
|---|---|
| Pages (from-to) | 357-378 |
| Number of pages | 22 |
| Journal | Independent Review |
| Volume | 19 |
| Issue number | 3 |
| Publication status | Published - 1 Dec 2014 |
| Externally published | Yes |
Keywords
- Economic theory
- foreign policy
- international organization
- international trade
- multilateral trade
- peacekeeping
- theoretical study
- trade flow
- World Trade Organization