logo
episode-header-image
Aug 2022
32m 35s

SUMMER SCHOOL 6: Trade & The Better Life

NPR
About this episode
International trade is the web of cross-border relationships that binds economies together. Because of trade we have access to cheaper, higher-quality goods, and we get to benefit from other countries' cultures. Economics tells us trade makes society, overall on average, better off, but that doesn't mean everyone wins. Today, the good and bad of trade through the eyes of workers in developing economies who make the things sold around the world. We follow them as they navigate the ever-shifting international trade environment. |At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy
Up next
Yesterday
Summer School 1: A government's role in the economy is to make us all richer
Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there since the birth of economics. Call it political economy. Call it government and bu ... Show More
35m 46s
Jul 4
The simple math of the big bill
If we think about the economic effects of President Donald Trumps big taxing and spending and domestic policy bill, we can roughly sum it up in one line. It goes something like this: We will make many big tax cuts permanent and pay for those tax cuts by cutting Medicaid and a few ... Show More
32m 12s
Jul 2
A thought experiment on how to fix the national debt problem
There's an economic fantasy you sometimes hear in D.C. It often gets trotted out when politicians are trying to add billions or trillions to the national debt. They claim that all the new spending will be worth it in the end because we will supercharge economic growth. This fanta ... Show More
25m 32s
Recommended Episodes
Nov 2023
A Turning Point for Global Trade
International trade has shaped the world for much of the past century. Countries benefited from the global flow of goods, and the world became richer and safer. At the same time, many Americans lost their jobs to cheaper overseas competitors. Now, a series of compounding challeng ... Show More
40m 12s
Aug 2023
Women in Economics: Nina Pavcnik on Trade and Development
The dramatic opening up of markets to international trade over the past 30 years has been a boon to many developing economies but it has not benefitted everyone. Nina Pavcnik grew up in Yugoslavia and witnessed firsthand the effects of open markets on the lives of people across t ... Show More
21m 35s
Oct 2021
Money Talks: The new logic of trade
Trade used to be about efficiency and growth. But those goals are being overtaken by others, from security to environmentalism. Our Britain economics editor Soumaya Keynes and host Rachana Shanbhogue investigate how the blurring of economic and political concerns is driving—and d ... Show More
35m 50s
May 2023
Night School, Class 5: How to read the markets
On the final episode of BTM Night School, we're talking markets: from stocks to bonds to commodities. We're joined by the FT's Markets editor Katie Martin and Ethan Wu, a member of the FT’s Wall Street team. Katie and Ethan unpack why last year was terrible for stocks, what bonds ... Show More
18m 55s
Mar 2022
Changing China
How will shifts in China's economic policies affect global commerce? The nation is the world's second-biggest economy and it's been the centre of globalised manufacturing for over three decades. But after a global pandemic, an energy crisis and now war in Ukraine, is this going t ... Show More
28m 58s
Jul 2022
Macroeconomics 3: Booms, Busts & Us
Life has its ups and downs. Same for the economy. Today we ask, can the business cycle be tamed? Two stories of recession and techniques for moderating the ferocity of booms and busts. Plus, how bankruptcy is a secret weapon of the American economy. | Subscribe to Planet Money+ i ... Show More
32m 47s
Mar 2023
780 - Stop Forcing Trades
The need for ACTION is the killer of many traders. Meanwhile, most successful traders would classify their trading as boring. Let's talk bout forcing trades & the effect that it can have on you. If you're interested in learning how to trade, the BEST place to get started is https ... Show More
9m 29s
Sep 2023
Calling for the "reglobalization" of trade: WTO chief Ngozi Okonjo-Iweala
Ian Bremmer sits down with World Trade Organization Director General Ngozi Okonjo-Iweala, the first woman and first person from Africa to lead the organization, for a conversation about the good, the bad, and the future of global trade on the GZERO World podcast.   In the last ha ... Show More
17m 42s
Feb 2024
#252 - Is Globalization Good or Bad? The Effects of NAFTA & Global Supply Chains ⛓️
On December 8th, 1993, Bill Clinton signed the North American Free Trade Agreement (NAFTA) into law.  In his remarks at the signing, Clinton proclaimed, “NAFTA means jobs. American jobs and good-paying American jobs. If I didn't believe that, I wouldn't support this agreement.”  ... Show More
31m 9s
Listen to millions of songs and podcasts on Anghami