Navigating The Global Economy

Your article "The global economy: Who gets hurt" (Cover Story, Aug. 10) didn't mention the benefit that comes to both halves of the work force--the lower cost of items imported from abroad, lower than if produced locally. This saving should act to improve the standard of living; or does this saving get dissipated by our surfeit of regulation and litigation?

To continue reading this article you must be a Bloomberg Professional Service Subscriber.