You are here

United States

"Free Trade Agreements" Used to Help American Workers ... Now They Hurt Them

Trump and Sanders have whipped up a lot of popular support by opposing “free trade” agreements.

But it’s not just politics and populism … mainstream experts are starting to reconsider their blind adherence to the dogma that more globalization and bigger free trade agreement are always good.

UC Berkeley Economics professor Robert Reich – Bill Clinton’s Secretary of Labor – wrote last month:

US Navy Patent Provides Stealth Using Quantum Entanglement

The U.S. government is to patent a new quantum photonic imaging device that will detect anything underwater while providing unprecedented stealth for its submarines. Currently, submarines travelling through Arctic waters have to use gyroscopes and accelerometers to measure the motion and rotation of the vehicle in order to estimate the current position, orientation and velocity of another submarine – as GPS signals are unable to reach underwater.

Back to the Future on Foreign Policy

The nuances of foreign policy do not feature heavily in the ongoing presidential campaign. Every candidate intends to “destroy” the Islamic State; each has concerns about Russian President Vladimir Putin, North Korea, and China; every one of them will defend Israel; and no one wants to talk much about anything else—except, in the case of the Republicans, who rattle their sabers against Iran.

Frontrunning: March 17

  • Global Stocks Slip Following Fed’s Cautious Tone (WSJ)
  • Oil rallies towards $41, near 2016 high, on producer meeting (Reuters)
  • Hamptons luxury home sales soften as Wall Street weakness takes a toll (Reuters)
  • Obama picks centrist high court nominee; Republicans unmoved (Reuters)
  • Allies See Challenges for Hillary Clinton in a General Election Campaign (WSJ)
  • China’s Looming Currency Crisis (WSJ)
  • China's biggest metals trader under pressure to cut staff amid reforms (BBG)

Pages