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Conversations with Tyler

Dani Rodrik on Premature Deindustrialization and Why the World is Second Best at Best

Conversations with Tyler

Conversations with Tyler

Society & Culture, Education

4.82.4K Ratings

🗓️ 1 October 2015

⏱️ 85 minutes

🧾️ Download transcript

Summary

Tyler and Dani Rodrik discuss premature deindustrialization, the world’s trilemmas, the political economy of John le Carré, what’s so special about manufacturing, Orhan Pamuk, RCTs, and why the world is second best at best.

Read a full transcript enhanced with helpful links, or watch the full video.

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Transcript

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0:00.0

Conversations with Tyler is produced by the Mercatus Center at George Mason University,

0:08.4

bridging the gap between academic ideas and real-world problems.

0:12.5

Learn more at mercatis.org.

0:15.2

And for more conversations, including videos, transcripts, and upcoming dates, visit

0:20.4

ConversationsWithT Tyler.com.

0:27.6

Not long ago, a journalist called me up and asked me, whose papers do you look forward

0:32.4

to reading more than any others?

0:35.0

And my answer without really hesitating was Danny Rodrick.

0:39.2

So he's our guest today.

0:40.5

He's arguably the world's leading and most important economist on trade, globalization,

0:46.8

industrial policy, and lately the prerequisites for liberal democracy.

0:51.8

His new book, which I'll mention again, Economics Rules that spelt RULS.

0:57.2

Why should I not read my own blurb?

0:59.4

Quote.

1:01.2

The best economists make the best methodologists, and Danny Rodrick is both.

1:06.3

His Economics Rules is the single best source for explaining the strengths and weaknesses

1:11.4

of economics to an outside audience.

1:14.7

So we're going to start this conversation with some questions about some of your recent

1:18.5

papers on this topic of premature deindustrialization.

1:22.8

I find this one of the most interesting themes in your work.

1:26.0

The notion that a mix of automation and competitive trade with wealthier nations might mean that

1:32.4

poorer nations today will not be able to industrialize and follow the path of South Korea or Taiwan

...

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