Why economists got free trade with China so wrong
Planet Money30 Joulu 2025

Why economists got free trade with China so wrong

With the year coming to a close, we're sharing our most popular Planet Money bonus episode of 2025!

As U.S. trade with China exploded in the early 2000's, American manufacturing began to shrivel. Those workers struggled to adapt and find new jobs. It ran counter to how mainstream economics at the time viewed free trade ... that it would be a clear win for the U.S. Greg Rosalsky talks with David Autor about why economists got free trade with China so wrong.

Autor, an MIT economics professor, and his colleagues published a series of eye-opening studies over the last 15 years or so that brought to light the costs of U.S. trade with China. We also hear Autor's thoughts on the role of tariffs and get an update on his research. With better, more precise data, Autor says we have a more nuanced and "bleaker" picture of what happened to these manufacturing workers.

You can read about Autor's research and sign up for The Planet Money Newsletter here.

To hear more bonus content like this and support NPR and public media, sign up for Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. Regular episodes remain free to listen!

See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.

NPR Privacy Policy

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(355)

Why is there a supplement craze if they don’t even work?

Why is there a supplement craze if they don’t even work?

One reason the $70 billion supplement industry is set to double in the next seven years? Lax regulation.On today's show, we tell the story of a century-long battle between the U.S. government and … yo...

5 Kesä 34min

There's no business like dough business

There's no business like dough business

Have you ever walked around a street, mall, or airport and noticed two or three of the same franchise restaurant within walking distance? Why might one Starbucks or McDonald’s or Wetzel’s Pretzels som...

3 Kesä 27min

The sneaky way companies get new chemicals into our food

The sneaky way companies get new chemicals into our food

99% of chemicals in our food right now were added without FDA approval. Many were added in secret, through a sneaky loophole built into the 1958 Food Additives Amendment.It was supposed to require FDA...

29 Touko 35min

The leaked tapes that show how the rich avoid taxes

The leaked tapes that show how the rich avoid taxes

Tax avoidance -- that is, legally reducing your tax bill -- is as American as apple pie. But the line between tax avoidance and tax evasion is often a grey one. On today’s show, a collaboration with T...

27 Touko 26min

The giant factory town that might be a giant mistake

The giant factory town that might be a giant mistake

How does a poor country become a rich country? There's a simple blueprint — or at least, that's what many economists used to believe. But over the years, a lot of rapidly developing economies have sta...

22 Touko 26min

Vacation and why Americans take so little

Vacation and why Americans take so little

Do you work more for more money? Or work less for more time? For some, this is the ultimate economic choice. Every single worker in the European Union is guaranteed four weeks of paid vacation. No mat...

20 Touko 25min

Jerome Powell and the Future of Fed Independence

Jerome Powell and the Future of Fed Independence

If you have a credit card, hope to buy a house, or just want stable grocery prices – let’s talk about the future of Fed independence!It’s impossibly important for the Federal Reserve to steer monetary...

15 Touko 28min

The secret meeting that launched OPEC

The secret meeting that launched OPEC

Recently, a listener wrote in with a question about OPEC and oil prices. She was prepping for a camping trip… thinking about how much it costs to fill up her diesel-guzzling camper van at the pump. “...

13 Touko 27min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
rss-rahapodi
psykopodiaa-podcast
mimmit-sijoittaa
rss-oivalluksia-rahasta-elamasta
asuntoasiaa-paivakirjat
rss-rahamania
hyva-paha-johtaminen
rss-lahtijat
pomojen-suusta
rss-startup-ministerio
rss-viisas-raha-podi
rahapuhetta
sijoituspodi
lakicast
rss-porssipuhetta
rss-doulapodi
rss-inhimillisen-johtamisen-dna
rss-inderes-femme
rss-retoriikan-kesakoulu