<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class="">We should switch from incrementalism in trade policy, to a new approach.<br class=""><div class=""><font color="#5856d6" class=""><br class=""></font>Nobel Prize economist Joseph Stiglitz quietly makes that point at the end of the preface to his new book. <br class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-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h its universal prescription — make business succeed and well-being will trickle down to the rest of us. </span><br class=""><span class="" style="color: rgb(80, 80, 80); font-family: Arial; font-size: 14.4px;">NAFTA is a direct reflection of those principles. In free trade orthodoxy, investor interests are more important than public interests. The NAFTA model blurs national identities and national boundaries, devalues the idea of public interest, and merges our domestic economy into the global economy</span><span class="" style="color: rgb(80, 80, 80); font-family: Arial; font-size: 14px;">…</span><span class="" style="color: rgb(80, 80, 80); font-family: Arial; font-size: 14.4px;"> </span></div><div class=""><font color="#505050" face="Arial" class=""><span style="font-size: 14px;" class=""><br class=""></span></font><span class="" style="color: rgb(80, 80, 80); font-family: Arial; font-size: 14.4px;">Democracies settle such questions in elections. Candidates for 2020 are just now proposing serious national strategies for the economy and environment. We will see more. Trying to “fix” NAFTA incrementally is futile. First, we need to see national policies that will rebuild our economy, raise living standards, and improve well-being. Then we can write a trade policy to match.</span><span class="" style="color: rgb(80, 80, 80); font-family: Arial; font-size: 14.4px;"> </span><br class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=us-ascii" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" content="text/html charset=utf-8" class=""><meta http-equiv="Content-Type" c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