33 minutes | Aug 31st 2020

137. Imbalances, Inequality, and Trade

China, the United States and Germany each suffer from inequality as well as sizable trade imbalances. To describe how these phenomena are linked, Matt Klein (Barron’s) joins to talk about his new book ‘Trade Wars are Class Wars’ (Yale University Press). Jay Shambaugh (George Washington University, Obama administration Council of Economic Advisers) then explains the international negotiations used to tackle these problems as well as the challenges policymakers face when they attempt to do so.

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