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trade

4 statements across 2 episodes · 0 bullish · 1 bearish · 3 people on the record · first statement Jan 2, 2019 by Russ Roberts · across every show →

Everything said about trade, oldest first

Jan 2, 2019
Insight
Roberts: Trade Benefits Future Generations While Harming The Current One
“The biggest benefits from trade take place over longish periods of time. The opportunity for the next generation to come along and use its skills well, but it can be hard on this generation.”
Russ Roberts Jan 2, 2019 ▶ 4:20 a16z Podcast | Adjusting to Trade... and Innovation
Jan 2, 2019 negative
Opinion
Roberts: Arguing Trade Is Net Good Ignores Distributional Harm
“I think it's a bad teacher and a bad economist who says, well, trade creates net benefits, so therefore it's good for the country.”
Russ Roberts Jan 2, 2019 ▶ 1:30 a16z Podcast | Adjusting to Trade... and Innovation
Jan 2, 2019 neutral
Insight
Smith: Consumer Gains From Foreign Trade And Automation Are Functionally Identical
“In fact, in economic models, the gains from trade will look just like productivity. And there's a complete equivalence between those and a lot of models. So basically, if you have a robot to do something cheaply, you know, from the consumer's perspective, that…”
Noah Smith Jan 2, 2019 ▶ 5:22 a16z Podcast | Adjusting to Trade... and Innovation
Nov 29, 2022 neutral
Assertion Supported
Petersen: Global trade accounts for 47% of global GDP
“Trade is 47% of GDP.”
Ryan Petersen Nov 29, 2022 ▶ 2:16 Rearchitecting the Supply Chain with Ryan Petersen
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