Power, Protection, and Free Trade: International Sources of U.S. Commercial Strategy, 1887–1939 (Cornell Studies in Political Economy)

Why do nations so frequently abandon unrestricted international commerce in favor of trade protectionism? David A. Lake contends that the dominant explanation, interest group theory, does not adequately explain American trade strategy or address the contradictory elements of cooperation and conflict that shape the international economy. Power, Protection, and Free Trade offers an alternative, systemic approach to trade strategy that builds on the interaction between domestic and international factors. In this innovative book, Lake maintains that both protection and free trade are legitimate and effective instruments of national policy, the considered responses of nations to varying international structures.

David A. Lake is Jerri-Ann and Gary E. Jacobs Professor of Social Sciences and Distinguished Professor of Political Science at the University of California, San Diego. He is the author of The Statebuilder’s Dilemma: On the Limits of Foreign Intervention, and Hierarchy in International Relations and the coeditor of Politics in the New Hard Times: The Great Recession in Comparative Perspective and The State and American Foreign Economic Policy, all from Cornell University Press.