Thursday, June 09, 2022

Globalization Is Alive and Well

Even as its justifications and the global economy change, the current skepticism toward free trade and globalization remains misguided. 

Yes, free trade is under greater attack today than it has been in decades, especially in the United States. 

Despite continued public support for foreign trade and globalization generally (even during the height of the COVID-19 pandemic), a bipartisan cadre of American politicians and pundits is increasingly skeptical of, or downright hostile to, the longstanding consensus in favor of trade liberalization.

America can join with more free trade or it can miss out.  Fortunately, rumors of globalization's demise have been, yet again, greatly exaggerated.  Globalization is alive and well, just changing. 

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