Great stuff, but....
Relatively little to object to here, even from an economist.
He does now backpedal heavily from free trade, after it has been too late now for about 40 years.....
There is not really much of an explanation why, now, free trade has been bad for only 30 years.........
He does dwell on the Alice in Wonderland financial and deregulatory political issues, foibles of the 'other party', but they are really minor faux pas points (and previously embraced to some extent by both mad hatters) when one considers them against an issue like
free trade, the 900 pound economists' gorilla now in the room for a long time.
Free trade, unfortunately, has long been a bipartisan, as well as almost all economist's, obsession:
witness the rare bipartisan accord just approved and given the President's blessing, only yesterday, was it?
Terms search: trading american interests, trading places, cartoon, Krugman, Keynes, Steingart, Michael Porter, etc.
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