The Merchant and Mr. Reagan: The Case of a Half-Classical Trade Policy
Author(s)
Karstensson, Lewis
Abstract
This paper brings to note for the historical record a facet of Reaganomics with a mercantilist hue. In particular, it is an examination of President Ronald Reagan’s 1985 speech, “U.S. Trade Policy: Free and Fair Trade,” President Reagan’s major statement on trade policy. The address is shown to have been largely a retaliatory mercantilist tract.