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Ep59 “Why Tariffs Are Not The Ultimate Trade Weapon” with Dani Rodrik

All Else Equal: Making Better Decisions

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Tariffs and Economic Evolution

This chapter explores the historical role of tariffs in fostering economic development and protecting domestic industries while highlighting the need for complementary policies. It critically examines the impact of hyper-globalization, recent trade decisions, and the contrasting economic trajectories of the U.S. and China. The discussion advocates for innovative strategies in a service-oriented economy to better address job creation and worker well-being.

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