Dani Rodrik: The New Mercantilist Challenge: “The history of economics is largely a struggle between two opposing schools of thought, ‘liberalism’ and ‘mercantilism’… …Economic liberalism… is… dominant…. But its intellectual victory has blinded us to the great appeal–and frequent success–of mercantilist practices. In fact, mercantilism remains alive and well, and its continuing conflict with liberalism … Continue reading Nighttime Must-Read: Dani Rodrik: The New Mercantilist Challenge