"A very important and long-awaited major contribution to the debate . . . Her work cannot be ignored." --Nils Petter Gleditsch, Journal of Peace Research "Barbieri builds on a solid foundation of work on trade and conflict and specifies the conditions under which trade reduces and increases conflict. . . . The bottom line is that this is an important book in the study of trade and conflict because of its comprehensive approach." --Kathy L. Powers, Perspectives on Politics "Barbieri's analysis reveals the fundamental and intellectual weaknesses of the various arguments on this topic. [A] solid and timely contribution to the literature" --Choice The Liberal Illusion sheds light on an increasingly important question in international relations scholarship and the domain of policy making-whether international trade promotes peace. By examining a broad range of theories about trade's impact on interstate relations and undertaking a set of empirical analyses of the trade-conflict puzzle, Katherine Barbieri provides a comprehensive assessment of the liberal view that trade promotes peace. Barbieri's stunning conclusions depart from conventional wisdom in international relations. Consequently, The Liberal Illusion serves as an important counterargument and a warning call to policymakers who rely upon trade-based strategies to promote peace, strategies that appear to offer little hope of achieving their goals.