4 days ago

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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