Analysis
September 24, 2023
Leibowitz: The Debate about the Goodness of Trade
Written by Lewis Leibowitz
In the last few weeks debate has resumed about the benefits of expanding international trade. It’s about time.
Last week, former Treasury Secretary Larry Summers gave a major speech challenging the views of anti-trade leaders, such as (but not limited to) Bob Lighthizer. Ambassador Lighthizer’s recent book “No Trade Is Free” posits that, until the Trump administration, policy elites had led the nation astray in an orgy of outsourcing manufacturing jobs. Many politicians, who consider themselves part of that very elite, have joined the chorus.

