In this past Sunday’s New York Times, former White House economic advisor Gregory Mankiw published an op-ed entitled ‘What if the Candidates Pandered to Economists?’  Mankiw happens to be the fellow who, in 2004, said that outsourcing is “probably a plus for the economy in the long run”—a comment that did not endear him to U.S. workers.

Well, Mankiw is back on the scene, this time suggesting the repeal of U.S. antidumping laws.  He falsely alleges that such laws “are little more than an excuse for special interests to shield themselves from competition.” 

Curiously, Mankiw never mentions “China” in his piece, a country whose dumping, subsidies, and illegal currency manipulation have drawn criticism from the EU, Japan, and World Trade Organization (WTO), as well as U.S. lawmakers.  One has to question which “special interests” are being shielded from competition when China is allowed to continue breaching the accepted rules of world trade.

ManufactureThis would be happy to discuss this further with Professor Mankiw.
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This entry was posted on Wednesday, July 16th, 2008 at 12:08 am and is filed under Holding China Accountable, Enforcing Trade Laws. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.