The trade-offs of global trade (with Dean Baker and Port Commissioner Ryan Calkins)

Pitchfork Economics with Nick Hanauer

Civic Ventures

Business, Government, News, Politics

4.8 • 1.5K Ratings

🗓️ 15 October 2019

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

In the 1990s and early 2000s, free trade was considered an unalloyed good. But now, policymakers and economists agree that global trade creates winners and losers—and they acknowledge that we've never really tried to fairly compensate the losers. Economist Dean Baker and Seattle Port Commissioner Ryan Calkins help us try to imagine a more equitable way forward on international trade. Dean Baker is a senior economist at the Center for Economic and Policy Research, an organization he co-founded in 1999. His areas of research include housing, consumer prices, intellectual property, trade, employment, Social Security, and Medicare. He is the author of several books, including ‘Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer,’ and his blog, ‘Beat the Press,’ provides commentary on economic reporting. He is currently a visiting professor at the University of Utah. Twitter: DeanBaker13 Ryan Calkins is a Port of Seattle Commissioner specializing in sustainable economic development, ensuring that our region's prosperity is shared among all of our communities. Commissioner Calkins also works as a nonprofit professional at Ventures, a charitable organization that supports low income entrepreneurs who are starting and growing businesses in the Puget Sound Area. Twitter: @ryancalkinsSEA

Transcript

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0:00.0	Hey gang, well, believe it or not, pitchfork economics got a million downloads, one million,
0:06.0	which is really amazing, and I wanted to first thank all of the incredible guests we've had on the show and all of the support and feedback from our listeners.
0:15.8	The whole thing has been super enjoyable and again thank you so much everybody for participating.
0:21.7	Trade is a big issue these days in terms of the trade war that President Trump has
0:29.2	sparked with China.
0:30.9	We won't back down until China stops cheating our workers and stealing our jobs
0:35.4	and that's what's going to happen. We went from a trade war that was focused on an
0:39.4	issue that actually did matter to workers to an issue that workers in the US really have no stake in.
0:45.0	We have to acknowledge that anything we do will have pluses and minuses and that we have to robustly account for the minuses.
0:53.6	Right.
0:59.6	From the offices of Civic Ventures in downtown Seattle.
1:02.8	This is Pitch Fork Economics with Nick Hanauer.
1:06.4	A pointed conversation about who gets what and why,
1:09.3	with one of America's most provocative capitalists.
1:11.7	I'm Nick. his most provocative capitalist.
1:17.1	I'm Nick Hanauer, founder of Civic Ventures.
1:33.6	I'm David Goldstein, Senior Fellow at Civic Ventures. In our office we spend a lot of time putting together policy proposals, deep thinking on a number of issues. We haven't really done all that much on trade.
1:36.2	That's right.
1:36.7	We have duct trade.
1:40.0	Coward.
1:40.6	Cowards, cowards that we are. because trade is super complicated and there are so many
1:47.1	dimensions to it and so many pluses and minuses and so many winners and losers
	...

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