… is from page 91 of Johan Norberg’s excellent 2023 book, The Capitalist Manifesto (footnote deleted; link added):
More jobs were lost in the Rust Belt in the northeastern United States between 1950 and 1980 … than in the decades that followed.
DBx: So, before the age of so-called “hyperglobalization” – before the alleged takeover of government by Milton Friedman and his army of “neoliberal market fundamentalists” – before mindless free-traders duped ordinary Americans into madly consuming foreign-made trinkets, trifles, and t-shirts while ignoring the future – before globalist elites cruelly imposed on ordinary Americans the freedom to trade as they choose – before America’s supposed “golden age of manufacturing” closed – there was job churn in the Rust Belt. Who’d a-thunk it?!
