Above all, NAFTA is an investment agreement, financial and political in nature, and it has always been considered as such by both Republicans and Democrats.

Read more

The foolish free-trade sophistry of Thomas Friedman

Read more

It’s rare, in economics as in life, to get a second chance. Though economists are constantly learning lessons from past mistakes, seldom are there obvious opportunities to apply them. The…

Read more

It’s dangerous to express optimism about the economy these days. Europe’s financial markets remain fragile. China, which supports much of the world’s economy through imports, is too dependent on highly…

Read more

Vague talk about the middle class, and plenty for big business

Read more

A short documentary about a town whose Autolite spark-plug plant moved most of its jobs to Mexico in the wake of NAFTA.

Read more

For decades, America’s economics and business elites have been confidently assuring their countrymen that the alarming decline of the U.S. manufacturing sector was nothing to worry about. Dying industries and…

Read more

Read more

Notes on the Washington Consensus

Read more