The great wave of globalization is ebbing, or so it seems. Trade barriers are going up, ocean shipping is slower and less reliable than it was two decades ago, and manufacturers and retailers are keeping more inventory just in case their supply chains can’t deliver. But while the loss of factory jobs to foreign competition may have abated, a new threat to employment may loom. If Richard Baldwin is right, globalization will soon go after white-collar jobs with a vengeance. Mr. Baldwin, a professor at the Graduate Institute...

Source: Wall Street Journal March 03, 2019 21:45 UTC