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The Strange Career of Paul Krugman

Krugman’s prestige and skill as a polemicist helped persuade elite media outlets, think tanks, government agencies, and business institutions that they could ignore the experts from varied backgrounds who were raising alarms about the consequences that offshoring U.S. manufacturing would have for supply chain fragility, domestic jobs, and U.S. military power. By the time Krugman confessed that he and others had been wrong to minimize the problems involved in globalization for a quarter of a century, the damage to the United States had been done.

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