Ian Fletcher: No, Free Trade Didn’t Lift Millions Out of Poverty
One of the biggest myths one hears about free trade is that it has “lifted millions out of poverty.” This thoughtless piece of happy-talk is a favorite boast of Thomas Friedman (author, The Lexus and the Olive Tree) types and those who never woke up from the late-1990s dream of uncontrolled globalization. [Reposted from the…