"In 10 well-organized chapters, international trade expert Griswold, director of the Cato Institute’s trade policy center, reaches out to low- and middle-class readers to make a persuasive case against U.S. protectionism by illustrating how have-nots are the most likely to benefit from the global marketplace in the form of lower prices, greater variety and better quality of goods. Bringing complex issues home, literally, Griswold opens his examination with a survey of his closet, containing items from Australia, Bulgaria, China, Costa Rica, and Vietnam, but little from the U. S. How and why these faraway items wind up here is something few Main Street Americans think about, but Griswold explains the complicated mechanisms of world trade with brisk, easy-to-read prose."
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PUBLISHERS WEEKLY"There are few subjects so important and so misunderstood as the value of international trade to the American public. Dan Griswold does a masterful job explaining these issues in this highly readable and enjoyable book."
—FREDERICK W. SMITH
CHAIRMAN & CEO, FEDEX CORPORATION
"The public debate over trade policy is always in need of clear thinking. Marshalling an abundance of evidence, Dan Griswold makes a persuasive case for free trade that will give even the most hardened critic reason to pause."
—DOUGLAS A. IRWIN
PROFESSOR OF ECONOMICS, DARTMOUTH COLLEGE
"
Mad about Trade explains in plain English how important more open trade has been in growing the American middle class and how devastating it would be were we to reverse course, as some politicians have suggested. It is very tempting for American politicians to blame economic problems on free trade, globalization, or both. Griswold comprehensively and credibly shows how it would hurt the very people that politicians presume to help!"
—CLAYTON YEUTTER
FORMER U.S. TRADE REPRESENTATIVE
"Daniel Griswold's tour de force explores, reasons and documents how import competition benefits the American consumer, seeing him move ahead toward greater peace incentives, lower real prices, more choices, better quality."
—WILLIAM H. PETERSON,
Washington Times"Daniel Griswold is not shy about sharing the high aspirations he harbors for his superlative new book. Griswold has managed to compose a volume as accessible and persuasive as it is indispensable, as fresh and uplifting as it is firmly grounded in accumulated wisdom -- a rare bird, indeed."
—SHAWN MACOMBER,
The American Spectator"This concise treatise makes a convincing case for free trade as not only the economically superior path, but also the morally superior one. Using a minimum of economic jargon, Griswold describes how real household income has risen steadily over the past quarter century, explains that U.S. manufacturing output is higher than it has ever been, and demonstrates that the trade deficit is offset by capital inflows from our trading partners. Griswold also offers an eloquent defense of globalization, touching on its ability to lift hundreds of millions out of poverty while simultaneously strengthening democracy abroad."
—MASON RAYNER,
Richmond Times-Dispatch
