Jacob G. Hornberger: The Virtues of free trade

  I find it absolutely amazing that there are still people around who look with disfavor on free trade. A recent example occurred in the New York Times just last Sunday in an op-ed entitled “Our Misplaced Faith in Free Trade” by Jeff Madrick. According to Madrick, “free trade creates winners and losers — and American workers have been among the losers. Free trade has been a major (but not the only) factor behind the erosion in wages and job security among American workers. It has created amazing prosperity — but mostly for those at the top.”