Thank you.
Thank you, Mr. Galston.
I'll talk about economics. You said that the rise of populism could coincide with mismanagement by the economic establishment. You mentioned the manufacturing sector. We saw this in the United States, when the Rust Belt and other sectors supported Mr. Trump. We also saw this in the case of Brexit. Yes, it was related to immigration, but also mainly to the economy. The decline of the manufacturing sector in areas where the sector used to be strong coincides with the further liberalization of markets, including through trade agreements.
Do you agree that mismanagement by the economic establishment, which you call the elites, is the result of not paying enough attention to the negative impact of trade agreements? These agreements can help promote trade, but they also lead to economic dislocation. They may help promote sectors with higher wages. However, the new jobs wouldn't necessarily be available to people who have been uprooted and forced to move, for example in the manufacturing sector.
My question arises from this issue. What would you tell the elites, the leaders, to limit the dislocation resulting from these economic changes?