Friday Oct 11, 2024
Unjerked E25 - Trade - Part 2
William Henderson and B. McGraw talk about trade and industry. This is Part 1 of 2 episodes.
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0:52 Specialization
2:05 Higher real output
3:48 Trade freedom and GDP per capital
4:08 Rust belt and social disintegration
5:17 Price vs quality competition
10:14 Targeted education?
10:55 Can we compete on quality in industrials
13:10 Difficulty of competing on price
15:31 Modular nuclear in Appalachia?
16:12 Comparing the loss of agriculture jobs to loss of industrial jobs
19:05 Reddit/Twitter arguments
29:48 Tariffs
34:35: Neo-mercantilism & Autarky
36:06 Other solutions?
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