IFT
Global Trade Summit
David Ricardo’s theory of comparative advantage is 200 years old this year. It explains why, against all apparent reason, it makes sense for a country to open its markets to goods and services from the rest of the world, even if other countries can produce those goods and services more efficiently than it can. As Britain leaves the European Union, it forges its own trade policy for the first time in over 40 years; the manner in which it is done will impact the entire global trading system. This makes a re-examination of Ricardo’s theory all the more urgent.
Global Trade Summit
LOCATION
The Mercers’ Company is the Premier Livery Company of the City of London, with a 700-year history.
David Ricardo’s father, a Jewish immigrant from Portugal, was a cloth merchant and stockbroker. Perhaps for this reason, David, also a stockbroker, tended to use the example textiles to illustrate his theories. Mercers’ Hall is therefore the perfect location to celebrate Ricardo’s theory.
Global Trade Summit
PARTNERS
Global Trade Summit
SPEAKERS
Daniel Hannan
IFT President, UK Board of Trade, Life Peer of the House of Lords
Matt Ridley
Author, Times columnist and member of the House of Lords
Deirdre McCloskey
Distinguished Professor of Economics, History, English, and Communication at the University of Illinois at Chicago
Mark J. Perry
AEI scholar and professor of economics and finance at the University of Michigan–Flint
The Rt Hon Michael Gove MP
UK Secretary of State for Environment, Food and Rural Affairs
Jorge Quiroga
President of Bolivia 2001-2002
HE Alexander Downer
Australian High Commissioner to the UK, former Australian Foreign Minister
Daniele Capezzone
Member of Italian Parliament, Director of New Direction Italia
The Rt Hon David Gauke MP
UK Secretary of State for Work and Pensions
Naweed Khan
Executive Director of New Direction
Global Trade Summit
AGENDA
Arrivals and refreshments
Welcome - Daniel Hannan
Panel: "The Best Idea in Economics"
Deirdre McCloskey
Mark J. Perry
Chaired by Matt Ridley
Break and refreshments
Panel: "And How Do You Get Re-elected?"
HE Alexander Downer
Jorge Quiroga
Chaired by The Rt Hon Michael Gove MP
BUFFET LUNCH by New Direction - the Foundation for European Reform
Keynote addresses: "A Free Trading Europe"
by Danielle Capezonne MP,
The Rt Hon David Gauke MP
and Naweed Khan
Global Trade Summit
R.S.V.P.
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