In this discussion, Dani Rodrik, a Harvard professor and renowned expert on industrial policy, delves into the complexities of tariffs and their historical significance in global trade. He questions the rationale behind Trump's tariff policies, suggesting they may be superficial solutions. The conversation highlights the resurgence of industrial policy and the need for state intervention, especially in renewable energy. Rodrik urges a shift towards domestic innovation over international competition, reflecting on the broader political implications tied to economic policies.

Expert in political economy and international trade, Dani Rodrik, discusses premature deindustrialization, the challenges faced by developing countries, the importance of industrialization for economic growth, the tension between immigration and the welfare state, the absorption of Syrians into Germany, Vietnam's development, and the decline of manufacturing industry.

Dani Rodrik, a Harvard professor renowned for his insights on globalization and industrial policy, challenges the notion of hyperglobalization. He discusses how shifting views on globalization affect national identity and democracy, especially in light of recent crises. The conversation includes the evolving role of corporate America in prioritizing social goals alongside profits. Rodrik emphasizes the moral dimensions of industrial policy, noting that economic strategies often stem from defense needs rather than deliberate planning.

Dani Rodrik, a Harvard economist and critic of unrestricted globalization, delves into the complex relationship between tariffs, economic nationalism, and democracy. He argues that while tariffs can protect domestic economies, they also come with limitations. Rodrik highlights the resurgence of industrial policy as a response to growing inequalities and declining middle class, stressing the need for improved job quality and worker empowerment. He also reflects on the social consequences of hyper-globalization, evidenced by events like Brexit and Trump's election.

Harvard Economics Professor Dani Rodrik discusses industrial policy, globalization, and his career. He challenges consensus on globalization, advocates for industrial policy blending, and explores revitalizing industrial policies. The podcast also delves into economic nationalism, political equilibrium, China's growth, and the US presidential election impact.