BOOK REVIEWS BY THINZAR

Economics, Trade, Political Economy Thinzar Kyaw Economics, Trade, Political Economy Thinzar Kyaw

Trade Wars Are Class Wars

I chose to read How Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace by Michael Pettis and Matthew C. Klein to better understand why tariffs often fail to resolve trade imbalances. Pettis and Klein offer a compelling argument that modern trade conflicts are rooted less in national competition and more in domestic inequality. Their central thesis is that income inequality within countries, especially surplus nations, leads to global trade tensions.

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