In a front-page story in the Wall Street Journal, Pat Buchanan
named The Myth of Free Trades as one of the cornerstones of his
protectionist economic policy. Written by Dr. Ravi Batra,
bestselling economist and author of The Great Depression of 1990,
The Myth of Free Trade throws down the gauntlet to economic
orthodoxy and challenges the gospel of free trade. Dr. Batra states
that "laissez-faire has wrecked U.S. industry and shattered the
American dream".
As an anecdote to our economic ills -- the federal deficit, our
reliance on foreign imports, widespread downsizing, environmental
destruction -- Dr. Batra sets out a five-year plan for economic
revival that includes raising tariffs on imports, banning mergers
among giant firms, and encouraging domestic competition by
splitting huge corporations into smaller units.
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