The benefits of free trade have been a cornerstone of economic thought for decades. Recently, though, trade agreements have become the target of a populist backlash, with opposition to trade deals emerging as a key issue in the presidential race. At the same time, new research suggests that trade led to lower wages and higher unemployment for some Americans, particularly middle-class manufacturing workers. We asked Bloomberg View columnists Tyler Cowen and Noah Smith to meet online to debate the pros and cons of trade.
EPA has banned the use of 72 inert chemicals as ingredients in pesticide formulations, acting in response to a decade-old petition from environmental and public health groups who asked the agency to label nearly 400 such ingredients on the packages, and later sued the agency for failing to act. The[…]Read More »
“When you see these large firms starting to merge, just from a regulatory standpoint, they have to divest assets. That actually gives the opportunity for mid-size companies to step in and sweep some of the company assets up as well.” Read moreRead More »