For at least a generation the U.S. has propped up the global economy by absorbing the world's surplus of goods. That's not good for the U.S. or its trading partners.
Britain's vote to leave the European Union was driven by right-wing populism, but the real blame must be laid at the feet of elite technocrats who have bungled the European project.
Multinationals save hundreds of billions of dollars by offshoring income and manipulating their books — and it's perfectly legal.
The winners and losers of globalization. Must it be this way?
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