NAFTA. I've always found the NAFTA debate a vastly complicated and hard to navigate discussion, full of competing -- and occasionally contradictory -- evidence that's violently spun by partisans of both ends. So I'm interested to see Berkeley economist Brad DeLong, a neoliberal and once-staunch NAFTA supporter, doing some soul-searching on why the agreement didn't unlock the magical market forces folks expected and catapult the country out of poverty. "Having witnessed Mexico�s slow growth over the past 15 years," he writes, "we can no longer repeat the old mantra that the neo-liberal road of NAFTA and associated reforms is clearly and obviously the right one."
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Ezra Klein