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Free Trade Is Dead. Long Live Managed Trade
President Trump’s upending of global commerce may endure even after he’s gone.
24 Jan 2020, 05:48 PM IST
(Bloomberg Businessweek) -- At age 85, Jagdish Bhagwati has defended free trade for decades. The professor of economics and law at Columbia University even wrote a 2004 book called In Defense of Globalization. He doesn’t like the way things have gone lately. “My worry is basically that around the world, there are very different reasons why people are beginning to despair about free trade,” he says.
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