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Shackles of Free Trade?

April 1st, 2009 · No Comments

Published on Wednesday, April 1, 2009 by Times Online/UK
Let’s Shake Off the Shackles of Free Trade
The G20 leaders must be flexible – a little protectionism could give nations vital breathing space
by Noreena Hertz
Today the leaders of the world’s 20 biggest economic powerhouses will converge on London. The mood is sombre. They face the greatest global economic crisis yet. They acknowledge that it was man-made: the outcome of extreme risk-taking, shameful lack of oversight and a complacent blindness to the downside of untrammelled free-market economics. They are nervously conscious that decisions must be made without reference to the very tools and theories on which they have relied for the past 30 years.

Tags: globalization

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