Honeywell’s CEO David Cote recently told Bloomberg that the world seems to have a constant need to relearn the benefits of free trade.
“I think people have been arguing about free trade since the Phoenicians were at it a couple of millennia ago,” he said. “And every century we seem to have the same argument, whether it’s about, ‘is productivity good? Is trade good?’ And every century we kind of learn the same lessons.”
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Jay Evensen is the Senior Editorial Columnist of the Deseret News. He has 32 years experience as a reporter, editor and editorial writer in Oklahoma, New York City, Las Vegas and Salt Lake City. He also has been an adjunct journalism professor at Brigham Young and Weber State universities.