Profs. Baumol & Gomory's book, "Global Trade and Conflicting National Interests," is mentioned
— January 30, 2014
Excerpt from The Los Angeles Times -- "As former IBM chief scientist and former Sloan Foundation President Ralph Gomory and former American Economics Assn. President William Baumol noted in their groundbreaking book, 'Global Trade and Conflicting National Interests,' free trade is not always a win-win proposition. It can be win-win under some circumstances, but it can also be a losing proposition under other circumstances. For the United States, the latter has too often been the case."