The economic lessons of Donald Trump’s victory

The shuttered BorgWarner factory in Muncie Indiana, U.S., August 13, 2016. The factory once employed thousands of people. Reuters/Chris Bergin

In the United States and around the world, millions of people are now asking “how could this happen?” How can we make sense of an America in which Donald Trump becomes the next president? Discovering the real answer to this question will be good for America—and for Canada, too.

Many people who are now angry and perplexed focus on Donald Trump,...

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