30: Ross Douthat - The Rave Before the Fall
The Portal
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Unintended Consequences of Trade Agreements and Economic Policies
The chapter explores the repercussions and aftermath of trade agreements, focusing on the China shock and the complexity of compensating trade losers. It discusses the societal impact of economic policies, including the redistribution of wealth, labor shortages, and changing political landscapes. The conversation delves into the challenges of implementing successful trade deals and the need for a nuanced understanding of the consequences on various societal groups.
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