Globalization Doesn’t Have to Be a Winner-Take-All Deal

Free Trade Delivers Big Benefits, Panelists Say, but Workers Need Help and Protection

California has benefitted greatly from globalization—from cheap T-shirts, to leaps in technology, to proximity to Asia, to its agricultural exports. Why, then, is it disparaged by political leaders—as dissimilar as President Trump and Sen. Bernie Sanders—as a boon to very few, at the expense of most? This was the question at the heart of a lively Zócalo/UCLA event entitled “Does Globalization Only Serve Elites?” before a packed house at the National Center for the Preservation of Democracy in Little Tokyo in Los Angeles.

Or, as moderator Steven Greenhouse, a …

Bad Math Can’t Close the U.S. Tr­­­ade Deficit

Why the Trump Administration’s Strategy Is Self-Defeating

Every American knows that if you want to spend more than you earn, you either must liquidate some of your assets or you must borrow. This is as true of …

The Cap-and-Trade Solution to Our Trade Dispute With China

Warren Buffett’s Three-Decade-Old Plan Could Finally Be the Right Idea

President-elect Trump’s criticism of our trading relationship with China and our trade deficit with that nation has produced predictable reactions. Economists warn against “protectionism” and the dangers of trade wars. …

How a Trump Economy Could Make Singapore Great Again

Restrictive Policies on Trade and Immigration May Shift Innovation to the East—and It May Never Come Back

Did the presidential election change the Pacific Rim as we know it?

During these days of transition speculation, there is plenty of talk about what president-elect Donald Trump’s victory means for …

How Latin America’s Left Could Lose Their Scapegoat

Will Obama’s Trip to Cuba and Argentina Be the Nail in the Coffin for the Region’s Tired Anti-American Script?

Barack Obama took a deserved victory lap in Latin America last week.

Critics of the president’s opening to Cuba accuse Obama of appeasing the Castro regime, but they missed the historic …

‘Brexit’ Is a Losing Game

Beyond Global Influence, National Security, and Economic Opportunity, the United Kingdom Would Lose Its Ability to Look Beyond Itself

In 1975, the United Kingdom voted on quitting Europe for the first time—just two years after it had joined the European Economic Community. A flip in power from the pro-European …