A New Deal for Globalization

  title={A New Deal for Globalization},
  author={Kenneth F. Scheve and Matthew J. Slaughter},
Globalization has brought huge overall benefits, but earnings for most U.S. workers -even those with college degrees -have been falling recently; inequality is greater now than at any other time in the last 70 years. Whatever the cause, the result has been a surge in protectionism. To save globalization, policymakers must spread its gains more widely. The best way to do that is by redistributing income.