Isidor Straus Professor of Business History, and Faculty Chair of the School's Business History Initiative.
"What you tend to see, as the globalization cycle persists is increasing and increasing maldistribution of the gains from globalization it leads to a lot more inequality. And this tends to produce, over time, a reaction which will close down globalization. And that's been the pattern that we saw in the 20th century, and it's likely a pattern we see at the current moment. Chile is a perfect example of this process."