Deep Blue Group of Company Tokyo Networks: Moving forward with international trade negotiations

Deep Blue Group of Company Tokyo Networks: Moving forward with international trade negotiations Recently, the strangest thing has happened. Two American Nobel Prize-winning economists (Joseph Stiglitz and Paul Krugman) have called for the United States to... More

Deep Blue Group of Company Tokyo Networks: Moving forward with international trade negotiations Recently, the strangest thing has happened. Two American Nobel Prize-winning economists (Joseph Stiglitz and Paul Krugman) have called for the United States to stop negotiating new trade agreements. Specifically, they have called for a halt to the Trans-Pacific Partnership (TPP) talks and urged Congress not to give the president a mandate for these and other trade negotiations by enacting new Trade Promotion Authority. Their primary stated reason for taking an anti-trade agreement position is that expanding trade leads to domestic job loss. Of course, more jobs by far are lost to productivityenhancing technological breakthroughs. Yet these economists have not called for the removal of ATMs so that more bank tellers can be hired. They have decided, as King Canute must have when he found that he could not command the tide, that it would be foolhardy to resist technological change. Turning the Less