Have You Made Your Peace With Free Trade?

Eric Wyndham White (C), director-general of the General Agreement on Tariffs and Trade (GATT), holds a press conference with the four world economy leaders (Common Market, United-States, Great-Britain, and Japan) for the "Kennedy round" GATT negociations at the Villa Bocage in Geneva on May 16, 1967. AFP/Ringier via Getty Images

Commentary

In 1796, the first U.S. President George Washington gave an impassioned farewell address. It summed up what he hoped would be U.S. foreign policy as regards both economics and wars. “The great rule of conduct for us in regard to foreign nations,” he said, “is in extending our commercial relations, to have with them as little political connection as possible.”