Overall, Hillary Clinton embarrassed Donald Trump last night. But let’s not kid ourselves, Trump absolutely crushed her on trade in the early part of the debate. I found it highly disturbing to
Above: More beneficiaries of free trade There are some winners in globalization and a lot of losers. Among the winners are capitalist elites in nearly all nations. Among the losers are the working and
Chinese capitalists are getting inventive in getting their money out of China. But China’s experience has often proved that money will find a way to flow where it wants. In a post published on Sunda
Now you can watch for yourself, as the furnace manufacturer Carrier announces to its workers that it is going to move 1300 union jobs from Indiana to Mexico. I challenge every defender of the current
In America, property rights are king. The right to property is part of the national mythology. And I get that. But I am constantly curious as to how competing rights to property play out. In other wor
On December 5, 1894, Alabama repealed its child labor law in order to convince the officials of the Dwight Manufacturing Company, a textile corporation, to move its mill operations from Chicopee, Mass
Too often, we, even liberals, create politically convenient artificial barriers between the globalized economy and national boundaries. Specifically, we have outsourced the vast majority of our indust
Above: The Rana Plaza factory collapse in Bangladesh, i.e., Narendra Modi’s vision of the Indian economy. I understand that workers in India need jobs, but I’m not sure that Narendra Modi