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When the economy stumbles, fingers often point at free trade and globalization as sources of the woes. But Daniel Griswold argues in his book Mad about Trade: Why Main Street America Should Embrace Globalization that free trade delivers relief to American families through lower prices, better jobs and a peaceful world. Griswold is director of the Center for Trade Policy Studies at the Cato Institute in Washington.
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Providing a strong indication of a positive sentiment for the economy, the final placements season at the Indian Institute of Management Bangalore IIM B was closed in just five days half the time the institute took to place students last year. The highlight of the process was that 90 students accepted offers in slot zero generally the first day a 41 per cent increase over the previous year.
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