Here is an excerpt from the JAMES BAKER INSTITUTE, RICE UNIVERSITY.
Thought you all would enjoy peaking in on the CFR's front man and their influence in our domestic and foreign policy.

This is the cached copy of http://bakerinstitute.org/Pubs/fp_pedroni.pdf.

Page 3
A More People-Oriented Globalization for the 21st Century
1
Introduction
Economists have long expounded upon the mutually beneficial gains that can be enjoyed among
economies that open their borders to international trade in goods and services. For similar reasons
economists have also emphasized the advantages of enhancing the freer flow of the inputs that are
used in the production of goods and services, most notably capital investment assets. However,
there is an important factor of production that has received far less attention in the arena of
international economics and globalization, namely labor. As we will argue here, greater openness to
international labor markets can potentially provide for a new era of globalization that turns out to be
more people-oriented, and provides an opportunity to alleviate a number of difficulties that have
been associated with globalization to date.
The relatively meager attention devoted to the study of international labor flows is not for lack of
recognition of the importance of labor and the likely enormous gains that could be enjoyed from an
international political environment that better fosters the flow of labor input across international
borders. For example, in a recent essay on the subject of feasible globalizations, Harvard economist
Dani Rodrick (2