Like many, I have taken a rather jaundiced view of the Trans-Pacific Partnership (TPP). The fact that just about everything discussed in the preparation of this plan was performed in absolute secrecy (strict enough to avoid penetration by WikiLeaks) was enough to give me pause as a first impression. This seemed like another one of those gatherings inspired by organizations such as the World Economic Forum, whose motto ought to be, "Making the rich and mighty richer and mightier." Thus, when I got a hyperlink to the article "Why Support the TPP?" on the Facts & Arts Web site (which I read primarily for the arts), I decided to click with curiosity heavily seasoned with skepticism.
I did not take long for skepticism to come down like John Henry's hammer. The author is Jeffrey Frankel. His credentials are listed as "Professor of Capital Formation and Growth at Harvard University." Say what? This says as much about Harvard as it does about Frankel. I suppose it would be really cool (at least to the rich and mighty) to have a resume that describes you as having a degree from Harvard in "Capital Formation and Growth." The fact that Harvard has become so specialized is just as disturbing as its efforts to displace the University of Chicago as the recognized haven for the "paid brains" of the rich. Time to get a home in that rock.