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Globalization: Then and Now

September 2023
Globalization - Then and Now - Foundry Workers

As long as people have existed, globalization—in some form or another—has too. History provides important lessons not only about past globalization episodes and policies but also about current and future ones.

Unfortunately, much of the history of globalization has been either forgotten or improperly cited to justify new restrictions on trade and migration today. At the same time, many politicians and pundits demonstrate, at best, a superficial understanding of what modern globalization—who participates, how they participate, and what comes next—really is. And, as a result, we are often treated to dire warnings of “deglobalization” or “hyperglobalization” with little basis in fact.

The essays in this Defending Globalization series will educate readers on the past, present, and future of globalization in brief, accessible language written by experts in the field. Readers will be left with a fuller understanding of past periods of globalization here and abroad, how globalization is playing out today, and what the future of globalization holds for the United States and the world.

About the Authors
Scott Lincicome

Vice President, General Economics and Herbert A. Stiefel Trade Policy Center, Cato Institute

Vincent Geloso portrait
Vincent Geloso

Assistant Professor of Economics, George Mason University

Colin Grabow

Associate Director, Herbert A. Stiefel Center for Trade Policy Studies

P_W_Magness_1255cropped
Phillip W. Magness

Hayek Chair in Economics and Economic History, American Institute for Economic Research

Gary Winslett
Gary Winslett

Assistant Professor of Political Science, Middlebury College

Tom G. Palmer

Executive Vice President for International Programs, Atlas Network; Director, Cato University; and Senior Fellow, Cato Institute