A "yes, but ..." to globalization

"If globalization is to survive, it will need a new intellectual consensus to underpin it. The world economy desperately awaits its new Keynes."

So writes Harvard's Dani Rodrik in a new opinion piece, excerpted on his blog. (The whole thing is available here.) Forever gone, he writes, is the "time when global elites could comfort themselves with the thought that opposition to the world trading regime consisted of violent anarchists, self-serving protectionists, trade unionists, and ignorant, if idealistic youth."

He's less clear on what the new Keynes would provide that we're currently missing, so we await further installments.