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The article cherry picks a few words from the original Krugman essay in a way that would make Maximilien Robespierre proud. So while we’re at it: > major disr
by mr_toad 7y ago
The article cherry picks a few words from the original Krugman essay in a way that would make Maximilien Robespierre proud.
So while we’re at it:
> major disruptions now would be more likely to come from an attempt to reverse globalization than from leaving the current trade regime in place. At this point, millions of decisions about where to put plants, and where to move and take jobs, have been made on the assumption that the open world trading system will continue. Making that assumption false, by raising tariffs and forcing a contraction of world trade, would set off a whole new wave of disruption along with a whole new set of winners and losers.