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>You're right about the consensus among economists. At the same time, 10 years ago there was a consensus about the virtues of free trade. Then Autor et al. wrote "The China Shock" and other similar papers, and, well, now there's not a consensus any more. Also, economics isn't immune to bias. Are papers showing a link from immigration to low wages, or crime, or reduced trust, likely to get a fair hearing?

Physical reality: Factories are in China we don't have to work in the EU to get manufactured stuff! The Chinese are working their butts off for us and we are making them rich in the process!

Anti free trade idea: Chinese people working their butts off for us should be illegal. We would rather work ourselves and prefer expensive domestically produced products (if you did, why make the "inferior" competition illegal?). We don't need high skill jobs, low skill work is just as important!



"I think you'll find it's a bit more complicated than that."

One particular reason: while trade increases welfare, it also has distributional effects. As trade barriers go to zero, the marginal effect on welfare of a further reduction becomes small, compared to the marginal effect on distribution.

Another reason: globalization allows capital to avoid restrictions (e.g. on environmental externalities, child labour, slavery) that are seen in the West as part of the social contract.

Here's the Autor paper: https://www.nber.org/system/files/working_papers/w18054/w180...

Dani Rodrik's recent work on populism: https://www.nber.org/system/files/working_papers/w23559/w235...

And his classic "Has globalization gone too far" is worth reading too.




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