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The American Compass PodcastAuthor: American Compass
Our mission is to restore an economic consensus that emphasizes the importance of family, community, and industry to the nations liberty and prosperity. The American Compass Podcast features conversations on a wide variety of policy issues aimed at helping policymakers and the broader public navigate the most pressing issues that will define the future of the conservative movement in America. Language: en-us Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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After the Factories Left with David Autor
Friday, 28 March, 2025
The “China Shock”—triggered by the country’s entry into the World Trade Organization—devastated America’s heartland, causing a sudden exodus of manufacturing jobs and disrupting the communities that depended on them. Promoters of globalization promised “better” jobs would take their place. Nearly 25 years later, has that happened?David Autor, professor of economics at MIT and co-author of the famous “China Shock” paper, joins Oren to talk about the effects of free trade on America’s working class. They also examine Autor’s latest paper, which highlights that the new jobs in the hardest-hit communities often don’t provide the pay or stability that the jobs outsourced by globalization did—and, even worse, that many former workers lack access to these jobs altogether. Plus, they explore the rise of automation in manufacturing and the implications of AI for American workers.Further reading:"Places versus People: The Ins and Outs of Labor Market Adjustment to Globalization" by David Autor, David Dorn, et al. "The China Shock: Learning from Labor Market Adjustment to Large Changes in Trade" by David Autor, David Dorn, and Gordon Hanson
