Another ‘Treaty of Detroit,’ Summers says

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Interesting mention of the Treaty of Detroit in a column by Peter Coy on what steps Team Biden should take regarding trade and global commerce.

As a son of Michigan and a grandson of auto union workers, I can confidently say the only thing the Treaty of Detroit did was create urban sprawl in SE Michigan and turn GM into a bank.

It's hard to think Americans know what they want when it comes to trade - they certainly shop like it doesn't matter.

If Henry Ford had asked his customers what they wanted, they would've said a faster horse, not a Mustang convertible.

-Marc | Founder @ Caracal