Ordinary workers, contrary to myth, benefited from NAFTA. In the decade before it took effect, according to the Bureau of Labor Statistics, average hourly earnings (adjusted for inflation) fell by 5 percent. In the decade after, they rose by 10 percent.
While Chapman’s piece does contain some respectable economic reasoning, the inclusion of such a glaringly bad argument undermines its credibility. Why are the folks at Reason so eager to defend NAFTA?