So now it's official: Global talks to lower trade barriers are 'suspended,' perhaps never to resume. Yesterday, leading negotiators continued to fling accusations at each other for the breakdown. But the more profound issue confronting policymakers around the world is whether globalization has been fundamentally redirected, slowed or possibly thrown into reverse. (Washington Post, Wednesday)
Beware mercantilist-tinted globalization.
FEE Timely Classic
Globalization and Free Trade by Richard M. Ebeling