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The Wolf-Krugman Exchange: your questions answered

The Economics Show

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Navigating Carbon Taxes and Political Populism

This chapter explores the challenges of implementing carbon taxes and border adjustments to combat greenhouse gas emissions, questioning their legality under international trade rules. It also investigates the rise of populism, particularly Trumpism, as a reflection of deeper social discontent and economic changes, including de-industrialization and shifting gender roles. By examining historical events and drawing parallels to contemporary governance, the chapter critiques the political landscape and highlights the importance of imagination in considering future transformations.

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