206. Paul Krugman talks trade, industrial policy, and Trump

Nobel Laureate Paul Krugman, a distinguished professor at CUNY, shares his insights on trade dynamics and industrial policy. He dives into the lessons from agglomeration economies and examines the economic differences between Europe and the U.S. The revival of industrial policy, driven by national security and environmental concerns, is also discussed. Krugman critically analyzes Trump’s trade policies, highlighting the complexities and negative impacts of tariffs on the economy. His expertise sheds light on the evolving landscape of global trade.