Paul Krugman on Why International Trade is Good

The Good Fight

Yascha Mounk

News

4.6 • 907 Ratings

🗓️ 24 May 2025

⏱️ 93 minutes

🔗️ Recording | iTunes | RSS

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Summary

Yascha Mounk and Paul Krugman also explore whether the Euro was a mistake. Paul Krugman is the Distinguished Professor of Economics at the Graduate Center of the City University of New York. He was a columnist for The New York Times from 2000 to 2024. In 2008, Krugman was the sole winner of the Nobel Memorial Prize in Economic Sciences for his contributions to new trade theory and new economic geography. In this week’s conversation, Yascha Mounk and Paul Krugman discuss the value of economic models, the Euro crisis, and how to make a fruitful intellectual contribution in economics. Podcast production by Jack Shields and Leonora Barclay. Connect with us! ⁠Spotify⁠ | ⁠Apple⁠ | ⁠Google⁠ X: ⁠@Yascha_Mounk⁠ & ⁠@JoinPersuasion⁠ YouTube: ⁠Yascha Mounk⁠, ⁠Persuasion⁠ LinkedIn: ⁠Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey Harry.
0:00.7	Hello mate.
0:01.5	Got any tips for the football?
0:02.8	Your best bet is to head over to Bet Victor.
0:04.9	They're giving new customers a terrific welcome offer.
0:07.7	If you bet a minimum of £10, they'll give you £30 in three bets.
0:11.6	Oh, that's a steel of a deal.
0:13.2	It's a good darn deal that'll make your squirrel for real.
0:16.3	Neil?
0:17.1	My name's not Neil.
0:18.1	I know, but it rhymes. Listen to Harry and make your best bet on the football at BetVictor.
0:23.3	18 plus opt in and bet on any football marketing at odds of evens or greater no, cash out
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0:30.8	We're clearly a lot richer as a planet.
0:33.6	We're richer as industrial countries because we don't try to do everything for ourselves and we trade.
0:40.5	And in some ways, that's the important thing to understand.
0:44.1	I would add that there's a special reason that I, at least, am especially fond of a relatively
0:51.7	open world trading system, which is that it works for poor countries.
0:58.2	And now the good fight with Yasha Monk.
1:06.3	My guest today is none other than Paul Krugman.
1:10.6	Paul is, of course, a winner of the Nobel Prize in Economics.
1:15.8	In fact, Wikipedia informs me that he was the sole winner of a Nobel Prize in economics in 2008, which I think is the true distinction.
	...

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