The "Green New Deal" and Trade with China
City Journal Audio
Manhattan Institute
4.7 • 657 Ratings
🗓️ 23 January 2019
⏱️ 14 minutes
🧾️ Download transcript
Summary
Milton Ezrati joins City Journal editor Brian Anderson to discuss the Trump administration's trade negotiations with China and the "Green New Deal" proposed by newly elected Democrats in Congress, like Rep. Alexandria Ocasio-Cortez (D-NY).
Proponents of a Green New Deal claim that the plan will prevent damage from climate change. The scale of the proposal is massive: its goals include expanding renewable-energy sources until they provide 100 percent of the nation's power and eliminating greenhouse-gas emissions for industry and agriculture. To pay for it, Ocasio-Cortez recently suggested a 70 percent income-tax rate on top earners, which Nobel Prize-winning economist and New York Times columnist Paul Krugman described as "reasonable."
A March deadline is approaching for the Trump administration's trade negotiations with China. With officials preparing for the next round of talks in Washington, Ezrati discusses the implications for the American and global economies.
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. His latest book is Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome back to the Ten Blocks podcast. This is your host, Brian Anderson, the editor of City Journal. |
| 0:05.8 | With a new wave of left liberals and even self-proclaimed democratic socialists coming into Congress, |
| 0:11.8 | the so-called Green New Deal has become a rallying cry for progressives. While details of the plan |
| 0:17.7 | remains somewhat vague, we know its primary goal is to fight climate change |
| 0:22.4 | and move the country to all renewable energy sources. Proponents of the Green New Deal, |
| 0:29.2 | like the newly elected Congresswoman from the Bronx, Alexandria Ocasio-Cortez, or AOC, |
| 0:36.3 | as she's often referred to, see the Green New Deal as part of a broader |
| 0:40.5 | social justice agenda, which seeks a dramatic redistribution of wealth. To talk about the Green |
| 0:47.4 | New Deal, among other topics, will be joined on the show today by Milton Azradi. |
| 0:52.5 | Milton is a nationally regarded economist, who has had a successful |
| 0:56.1 | career in the financial industry. Retiring is the chief economist for investment manager |
| 1:01.2 | Lord Abbott in 2015. He now serves as chief economist for vested and always has unique |
| 1:08.5 | insight on what's going on in the global economy. |
| 1:11.9 | Our conversation begins after this. |
| 1:45.7 | Thank you. Hello again, everyone. This is Brian Anderson, editor of City Journal. Joining me on the show today is Milton Azradi. We already introduced you to begin the show, but Milton has had a long career in the financial industry. He's been a regular writer for City Journal on economic themes, and he's also the author |
| 1:51.3 | of most recently 30 Tomorrow's, a book on trends shaping the 21st century. Milton, thanks very |
| 1:58.6 | much for joining us. It's a pleasure to be here. Now, last time you were on |
| 2:02.5 | the Ten Blocks podcast, it was this past summer with my colleague Seth Barron. You talked about |
| 2:08.8 | President Trump's push to change our trade relationship with China. Do you want to give us an |
| 2:16.1 | update on what you think is going on there? Recent data |
| 2:19.4 | show that the Chinese economy is experiencing a major slowdown in its growth rate. |
| 2:25.2 | Well, it is. It's hard with the official statistics because the Chinese make them up. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Manhattan Institute, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Manhattan Institute and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.