Clyde Prestowitz at The Atlantic: “Globalization Doesn’t Make as Much Sense as It Used To”

Clyde Prestowitz has penned a new piece for The Atlantic.

A large number of American voters are tired of globalization—that much is clear. With Donald Trump calling for the abandonment of the North American Free Trade Agreement (or, more commonly, NAFTA) and Hillary Clinton turning her back on the Trans Pacific Partnership (TPP) free-trade agreement she herself had originally helped launch, both major-candidates abandoned what had come to be the standard pro-globalization position of those vying for the nation’s highest office. Most economists and many think-tank researchers have bemoaned this development, insisting that globalization generally leaves most nations—and most people—better off. But a review of American economic history suggests that something fundamental has changed: Increased globalization may make less sense now than it did in the recent past. []

Jay Newton-Small at Vice on “Why Washington can’t compromise”

Jay Newton Small has published a new piece for VICE ahead of a special program airing tonight on HBO, “A House Divided.”

When people have asked me what it’s like to cover Congress, I used to recount a story from July 2006. Republicans were in the waning weeks of the last time they controlled both ends of Pennsylvania Avenue. Congress was about to break for August recess ahead of the midterm elections, in which the GOP would lose both chambers. So, there was a rush to get through as much of George W. Bush’s legacy-building legislation as possible. []

W. Brian Arthur: The Most Important Economic Theory In Tech

Fast Company has profiled W. Brian Arthur on the anniversary of his “Increasing Returns and the New World of Business,” one of “Harvard Business Review’s most influential articles ever.”

A shallow understanding of the way these companies had exploited increasing returns led to a form of abuse. “The only thing I would change about that article is the way the whole thing was viewed,” says Arthur, a Belfast-born, Berkeley-trained economist. “In 1999, 2000, and 2001, we had a tech bubble. People were talking about network effects and waving that article around a lot. Startups were going in front of venture capitalists and saying, ‘All we need to do is fan the flames a bit and everything will take off. It’s winner-take-all, so we’re going to get a huge amount of the market.’ []

Sue Klebold on Newsweek’s Favorite Books of 2016 List

Sue Klebold’s A Mother’s Reckoning one of 13 to make the cut.

The story of a parent who loses a child is always painful. But when that child and his friend took guns to school and shot other students—killing 12 teenagers and a teacher and wounding 24 others before taking their own lives in one of the most high-profile, fatal and imitated mass shootings in American history—the narrative and the emotions become infinitely more complicated. That’s why this memoir by Sue Klebold, the mother of Columbine shooter Dylan Klebold, is such a feat. []

“What America Can Learn About Smart Schools in Other Countries”

Read Amanda Ripley’s latest piece on our education system in the New York Times.

Every three years, half a million 15-year-olds in 69 countries take a two-hour test designed to gauge their ability to think. Unlike other exams, the PISA, as it is known, does not assess what teenagers have memorized. Instead, it asks them to solve problems they haven’t seen before, to identify patterns that are not obvious and to make compelling written arguments. It tests the skills, in other words, that machines have not yet mastered. []