The Gray Area with Sean Illing19 Heinä 2018

What economists and politicians get wrong about trade

For decades, Harvard’s Dani Rodrik has been a lonely voice in the economics profession warning that the academics were getting this one wrong. Trade is not an unalloyed good; “globalization would deepen societal divisions, exacerbate distributional problems, and undermine domestic social bargains,” Rodrik warned. But few listened. The tendency to emphasize trade’s benefits while ignoring its costs created a massive political backlash. “Economists would have had a greater—and much more positive—impact on the public debate had they stuck closer to their discipline’s teaching, instead of siding with globalization’s cheerleaders,” Rodrik wrote in his excellent book, Straight Talk on Trade: Ideas for a Sane World Economy. Rodrik isn’t just a rock thrower. He’s a professor of international political economy at Harvard's John F. Kennedy School of Government and the president-elect of the International Economic Association. And so, as Trump’s trade war begins, I asked him on the show to explain what politicians and economists have gotten so wrong about trade, and what it would mean to get it right. Recommended books (and an article): Economism: Bad Economics and the Rise of Inequality by James Kwak Power and Plenty: Trade, War, and the World Economy in the Second Millennium by Ronald Findlay and Kevin O'Rourke “International Regimes, Transactions, and Change: Embedded Liberalism in the Postwar Economic Order” by John Ruggie Learn more about your ad choices. Visit podcastchoices.com/adchoices

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

Jaksot(765)

The importance of failure

At the beginning of the new year, many of us make pledges to change ourselves. We want to work out more. Or read more. Or cook more. Within a few months, some of us will have succeeded but many of us ...

6 Tammi 202546min

What to do with your sadness, pain, and grief

How can we find happiness? That's an old question. Since the beginning of philosophy people have been wondering what makes us happy and how to get more of it. But if you're a real person living in the...

23 Joulu 202456min

What do animals feel?

Can you ever really know what’s going on inside the mind of another creature? In some cases, like other humans, or dogs and cats, we might be able to guess with a bit of confidence. But what about oct...

16 Joulu 202448min

Are men okay?

This week, host Sean Illing gets personal when he asks professor and podcast host Scott Galloway: What’s going on with men? There’s a growing body of evidence that men are falling behind in education,...

9 Joulu 202448min

How to feel alive

The sheer feeling of aliveness. We all know what that is, even though it comes in many different forms. Maybe it’s going for a long run at night. Or free-climbing a mountain. Or an intense meditation ...

2 Joulu 202453min

The antidote to climate anxiety

In this episode, host Sean Illing speaks with marine biologist Ayana Elizabeth Johnson about her book What If We Get It Right? Visions of Climate Futures. Johnson approaches climate change with inform...

25 Marras 202451min

America’s reactionary moment

What just happened? It’s been almost two weeks since the presidential election, and many Americans are still grappling with the result. The political reckoning will probably last for months, if not ye...

18 Marras 20241h 14min

Well this is awkward

Philosopher Alexandra Plakias says there are no awkward people, only awkward situations. In her book, Awkwardness: A Theory, Plakias explains the difference between embarrassment and awkwardness, how ...

11 Marras 202457min