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.
The National Cotton Council’s 2016 Washington agenda focused on enhancing existing cotton policy to better address the economic situation, while advancing the industry’s priorities on appropriations, trade and regulatory issues. Read moreRead More »
By Pat Rizzuto Behind the president’s budget proposal to eliminate an EPA-wide chemical evaluation program may be the goal of shifting its function to another part of the agency. But a shift from the agency’s research arm to its chemicals office could jeopardize the EPA’s ability to meet new statutory[…]Read More »