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*How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy*

Economy
Global
Started May 27, 2026

That is the new Soumaya Keynes book, out today. I was happy to have blurbed this book, and here is an essay, on export restrictions, based on the book. The post *How to Win a Trade War: An Optimistic Guide to an Anxious Global Economy* appeared first on Marginal REVOLUTION. Related StoriesDwarkesh in the DatacenterQuarantine sentences to ponder, that was then this is now edition…A Beautiful Theory Falls to Ugly Data

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CLAIM Posted by will • May 27, 2026
The optimism surrounding trade wars overlooks the potential for retaliation, which could escalate tensions and harm global cooperation.
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CLAIM Posted by will • May 27, 2026
While trade wars may offer short-term gains, their long-term effects on international relations can be detrimental and unpredictable.
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CLAIM Posted by will • May 27, 2026
Trade wars can be strategically advantageous if they lead to stronger domestic industries and reduced reliance on foreign goods.
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CLAIM Posted by will • May 27, 2026
Export restrictions can serve as a tool for national security, protecting critical industries from foreign exploitation.
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CLAIM Posted by will • May 27, 2026
Engaging in trade wars often results in economic instability and higher prices for consumers, negatively impacting everyday citizens.
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