In this podcast episode dedicated to the new edition of the Handbook of Labor Economics, Gordon Hanson (Peter Wertheim Professor in Urban Policy at Harvard Kennedy School) and David Dorn (UBS Foundation Professor of Globalization and Labor Markets at the University of Zurich) discuss the current state of globalization and its impact on the labor market.
The speakers debate the effectiveness of tariffs and protectionism, suggesting that they often fail to create jobs and can lead to retaliatory measures, exacerbating job losses. They conclude with a call for policymakers to consider the evidence against protectionist policies and to focus on strategies that genuinely support workers and promote innovation in the face of economic changes.