Parag Khanna: I don’t know about right now versus previous eras, or in the direction that it’s heading, but there are certainly protectionist rhetoric and protectionist tendencies that are emerging.

And in many ways, that it is self serving. There is a lot of flagrant misuse of data out there about how many jobs are lost in America due to off-shoring multinational corporations; that kind of thing inspires protectionism. But I don’t think that we are necessary protectionists at the moment, we are still rated the most open economy in the world.

Recorded on: 3/3/2008