Oxford University Press's
Academic Insights for the Thinking World

  • Author: Samuel Bowles

The end of liberalism

Fifty-nine years ago, William Proxmire of the now-Rust Belt state of Wisconsin took the floor of the US Senate in support of a bill that would lower tariffs on imported goods. My then-boss had brought with him a few hundred of the many pro-free-trade letters that our office had received in support of the bill. Liberalism — and not just a reduction in trade barriers — is now in trouble.

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