Prominent Free Trader Questions Current Effects of Globalism

Prominent Free Trader Questions Current Effects of Globalism

29 March 2007 · No Comments

As seen in the Wall Street Journal (subscriber link):

For decades, Alan S. Blinder — Princeton University economist, former Federal Reserve Board vice chairman and perennial adviser to Democratic presidential candidates — argued, along with most economists, that free trade enriches the U.S. and its trading partners, despite the harm it does to some workers. “Like 99% of economists since the days of Adam Smith, I am a free trader down to my toes,” he wrote back in 2001.

Politicians heeded this advice and, with occasional dissents, steadily dismantled barriers to trade. Yet today Mr. Blinder has changed his message

Tags: Uncategorized ·