GLOBALIZATION NOW EATS THE HANDS THAT FED IT by Samuel Francis

What worries a good many of the economists cited in the article is that the basic assumption of free trade theory—the doctrine of comparative advantage, as it's called—doesn't add up. Under the doctrine, "most economists have concluded that countries gain more than they lose when they trade with each other and specialize in what they do best. Today, however, advances in telecommunications such as broadband and the Internet have led to a new type of trade that doesn't fit neatly into the theory. Now that brainpower can zip around the world at low cost, a global labor market for skilled workers seems to be emerging for the first time—and has the potential to upset traditional notions of national specialization."