Is America enriching the world at its own
expense? That’s globaloney. By Pankaj Ghemawat and Steven A. Altman
“...But as the Trump
administration moves to reduce and restructure U.S. international engagement,
America urgently needs a reality check. The United States is far less buffeted
by international trade, immigration and other aspects of globalization than many
Americans assume; the whole world is far less globalized than people tend to
believe. And policies rooted in overestimating globalization — “globaloney” —
could harm the people they purport to protect.”