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In the Media

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Bloomberg
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Bloomberg View reporter Noah Smith spotlights the research of Prof. David Autor, who has been “pioneering ways to make the economics discipline both more credible and more relevant.” To mitigate the impacts of trade, Smith writes that Autor believes the “U.S. government should focus attention on manufacturing industries, and even use industrial policy to bolster the sector.”

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“It certainly is the case that trade contributes to certain lower-priced goods and services, and on the average, that lowers the cost of living,” David Autor notes. “But for displaced workers, the fact that things are 10 percent cheaper at Walmart is just not making up for the fact that they’re not employed.”

Trading places

Economists take a new look at the evidence that the U.S. has lost millions of jobs to China.