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Cato Podcast

Trade Is Good for Your Health

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 30 July 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

James Bacchus is author of the new paper, "Trade is Good for Your Health.”

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the Cato Daily Podcast for Friday, July 30th, 2021 on Cabot Brown.

0:08.0

Freeing trade in medical necessities has become more important during this pandemic.

0:13.0

Caters James Bacchus is author of the new paper,

0:15.5

Trade is good for your health.

0:17.5

We spoke earlier this month.

0:19.0

At its most basic level, how should we understand the relationship between health and the ability to

0:26.7

engage in trade? Being healthy is very often about being able to have access to medicines and other medical goods. Trade is critical to that, both domestically and internationally.

0:42.0

For many decades now, international... and internationally.

0:42.7

For many decades now, international trade

0:45.6

has been critical to medical health

0:49.2

in terms of increasing the availability of medicines and other medical goods and

0:56.5

speeding their spread worldwide in the pandemic with COVID-19 and now it's various variants we're seeing all the more

1:08.8

the inescapable connection between trade and health.

1:13.6

What did the U.S. government do to make goods, you know, critical goods needed to deal with this pandemic flow more freely.

1:27.0

Well up until a few months ago the United States government did

1:33.2

virtually nothing to make goods flow more freely during the pandemic.

1:37.3

The situation is improved somewhat

1:42.1

under the new administration. I think that's for two reasons. One, the

1:46.7

attitude of the new administration is different, but also I think practically speaking and now that a great many Americans have been vaccinated and

1:58.8

doses are available to those Americans who have not it becomes easier politically to be more

2:07.0

generous in supplying vaccines and other medical goods worldwide, we're still not, in my view,

2:16.0

doing nearly enough in working with other developed countries

...

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