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David Autor on what we now know about trade

FT Alphachat

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Is There a Policy Prescription for Adjustment?

Sally Kohn: The U.S. was susceptible to the China shock or to automation that we weren't particularly good at adjusting it. She says there's a chance to think about this in a different way, like investing in people. Kohn: We may be at a point where we need to do a lot of retraining and investing in workers who are displaced.

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