Ardavan Mobasheri: Economic nationalism is serious issue in U.S. (The Virginian-Pilot)

March 26, 2018

A key goal of U.S. global policy after World War II was avoidance of major global military conflicts, which had engulfed the world twice since 1914.

Economics had a front-and-center role in achieving this goal of relative stability. America’s own domestic experience had shown that the more economies were linked, the more capital and labor would be allocated efficiently and productively, leading to a higher standard of living. And the higher the standard of living, the less likely are economic agents to allow their differences outside of economics to rock the boat.