Professor Dan Drezner is again illustrating how we ended up with a misbegotten consensus on globalization built upon inadequate assumptions and shallow analysis. A couple of weeks ago, we encountered him badly mischaracterizing a study about the supposed value of trade liberalization. Breezing past that issue, he is back now with a more outlandish claim, that: āa world in which ātrade were balanced, domestic industry robust, and productivity risingā is a world that not only does not exist, but very likely cannot existā (emphasis in original).