Trim: 6½ x 9½
978-0-7391-8880-4 • Hardback • April 2014 • $100.00 • (£77.00)
978-0-7391-8881-1 • eBook • April 2014 • $90.00 • (£69.00)
Jesse Richman is associate professor of political science at Old Dominion University.
Howard Richman holds a PhD from the University of Pittsburgh and is research associate at the Ideal Taxes Association.
Raymond Richman is professor emeritus of public and international affairs at the University of Pittsburgh.
Table of Contents
Part I - The Problems
1. The Problem of Mercantilism
2. The Problem of Private Savings Flows
3. The Problem of Trade Deficits
Part II - The Failures
4. The Failure of the Economists
5. The Failure of the Political System
6. The Failure of the Federal Reserve
Part III - The Solutions
7. Reciprocity: Principles for Balanced Trade
8. Methods for Balancing Trade
9. The Scaled Tariff
10. Balanced Trade Economics
Balanced Trade: Ending the Unbearable Costs of America’s Trade Deficits addresses the problems caused by this country’s unbalanced trade in a straightforward and hard-hitting way. The book describes the significant negative impact of unbalanced trade on the U.S. economy and the many possible steps that can be taken to move the country back to a productive trade regime.
— Ralph Gomory, New York University