2min chapter

Freakonomics Radio cover image

466. She’s From the Government, and She’s Here to Help

Freakonomics Radio

CHAPTER

I Trade Adjustment Assistante Is Meant to Compensate the Losers

The theory of global trade is clear, but the real world doesn't quite work that way. We've had an increasing concentration of winners, and the losers just keep falling further and further behind. I don't think it takes a real cynic to look back at the last 30 or forty years of economists predictions. And then look at the current situation with wage stagnation and income in equality - these foundational inequalities that make it really, really hard for the average american to get caught up and certainly get ahead.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode