Trading for Freedom

Free Trade or Protection?

Free trade or protection?

What appears at first to be a technical dispute over tariffs turns out, on closer inspection, to be something much deeper: an argument about the foundations of liberty itself.

Trading for Freedom brings together a sustained intra-libertarian debate that began with disagreements over trade policy and developed into a searching examination of rights, power, morality, and political strategy. The contributors ask whether libertarianism should be understood primarily as a doctrine of inviolable rights and voluntary exchange, or as a contingent programme for recovering a freer civilisation under conditions increasingly hostile to liberty.

The volume centres on an extended exchange between Duncan Whitmore and Bryan Mercadente on the status of free trade, tariffs, and protection. Whitmore defends the orthodox libertarian position that trade is simply voluntary cooperation between individuals, and that coercion cannot be made virtuous by good intentions. Mercadente accepts the abstract economic case for free trade, but questions whether economic theory alone can dictate policy in a world shaped by entrenched power, distorted institutions, and deliberate deindustrialisation.

As the debate unfolds, it moves beyond economics into first principles. Questions of natural rights, political authority, justice, and moral obligation are brought to the surface through a philosophical “examination” set by Neil Lock, and answered from sharply contrasting perspectives by Mercadente and Sebastian Wang. Stephan Kinsella’s intervention further sharpens the dispute over whether rights are grounded in human nature, social convention, or something else entirely.

Edited with a substantial Introduction by Reginald Godwyn, Trading for Freedom provides both a chronological map of the debate and a thematic assessment of its underlying tensions. It shows how disagreements over trade policy quickly become disagreements about anthropology, morality, and the limits of economics as a foundation for liberty.

This is not a manifesto, nor a settled doctrine. It is a serious internal reckoning within libertarian thought—one that will interest readers concerned with political economy, philosophy, and the conditions under which freedom can survive contact with organised power.