Pain From Free Trade Spurs Second ThoughtsMr. Blinder’s Shift
Spotlights Warnings
Of Deeper Downside
By DAVID WESSEL and BOB DAVIS
March 28, 2007

For decades, Alan S. Blinder — Princeton University economist, former Federal Reserve Board vice chairman and perennial adviser to Democratic presidential candidates — argued, along with most economists, that free trade enriches the U.S. and its trading partners, despite the harm it does to some workers. “Like 99% of economists since the days of Adam Smith, I am a free trader down to my toes,” he wrote back in 2001.

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