A Growing Recognition of Globalization’s Role in Ruining America’s Economy


Now that I’ve returned home from two weeks in the north woods and lakes of northern Wisconsin, where internet access is unavailable without a long trip into town and a re-engagement with a small version of the daily rat race (which I avoid at practically all cost), I’m slowly getting caught up again. 

A little while back, reader Ken brought to my attention the above-linked article which reports on how more economists are arriving at the conclusion that free trade (especially with China) is, in fact, hurting American workers.  Seems blatantly obvious, but this is a leap for economists who, for decades, have closed their eyes and repeated their mantra that free trade benefits all, in ways that are very tangible for those with trade surpluses and in ways mysterious, intangible and completely indiscernable for Americans. 

The author of the article still manages to conclude that protectionism is not a proper response, but at least it seems that some economists are starting to wonder. 

You might also enjoy my response and couple of responses to it.  (Scroll down throught the comments.) 

Thanks for sending this, Ken.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: