Economy

One Cheer for the TPP

For global free-trade champions, regional agreements are less than half a loaf.

Half-empty, or half-full?

Photographer: Dario Pignatelli/Bloomberg via Getty Images

I’ve spent the morning reading about the Trans-Pacific Partnership. I went in prepared to deliver a column full of details, winners and losers, strong opinions about the good provisions and the bad. But what really comes to mind is a dismal thought: “Is this the best we can do?”

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