Abstract
Jeffry Frieden of Harvard University reviews “Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace” by Matthew C. Klein and Michael Pettis. The Econlit abstract of this book begins: “Considers that rising inequality within countries heightens trade conflicts between them, explaining how today's trade wars have been caused by massive transfers of income to the rich and the companies they control, and decisions made by politicians and business leaders, over the past thirty years.”
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