A Better Populism
University of Chicago economist Raghuram Rajan notes:
“Unfortunately, beggar-thy-neighbor protectionism will make the world poorer. Declining communities urgently need alternative ways to attract new economic activity, and to make their citizens better able to respond to globalization and technological change.”
Related:
A new book argues weakened communities threaten liberal democracy
The revenge of the places that don't matter
https://voxeu.org/article/revenge-places-dont-matterRelated:
Increasing Regional Inequality in Advanced Economies
https://www.economist.com/news/briefing/21730406-what-can-be-done-help-them-globalisation-has-marginalised-many-regions-rich-world
What is behind the decline in US labor mobility?
http://www.nytimes.com/2013/12/15/magazine/why-are-so-many-americans-staying-put.html
Book Recommendation
What is behind the decline in US labor mobility?
http://www.nytimes.com/2013/12/15/magazine/why-are-so-many-americans-staying-put.html
Book Recommendation