Trade Myths (and Facts) with Prof. Michael Coon
Free The Economy
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The Complexities of Trade and Nostalgia
This chapter examines the tensions between emotional value and economic reality in trade policy, highlighting the public's preference for certain industries over others. It critiques nostalgic views of manufacturing jobs while arguing for the benefits of global trade and the need for economic adaptability. The discussion advocates for investment in future opportunities rather than clinging to outdated labor practices, suggesting that support for displaced workers should focus on innovation and community reinvestment.
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