ECONOMISTS AND CORPORATE EXECUTIVES ARE NOT USUALLY thought of as disciples of Dr. Victor Frankenstein. But they too have created a monster, and it has suddenly found a voice--not Boris Karloff's this time, but Pat Buchanan's. In his strident demands for trade protection can be heard the long-mute anger of workers who feel both injured and insulted by free traders in the academy, business and politics: injured by the loss of jobs and income to foreign competition; insulted because too many free traders have airily dismissed their pain as either illusory or inconsequential.
Which does not make Buchanan's arguments right. The...