There is apparently a very big market for spreading the story that trade has not been a major factor behind manufacturing job loss and wage stagnation. How else to explain the massive supply of such pieces.
Robert Samuelson gave us his latest contribution is his weekly Washington Post column. The trick is to say that productivity has been the major factor costing us jobs in manufacturing therefore we shouldn't be upset about job loss due to trade. This is one of those trivially true arguments...
Published on August 07, 2016 13:30