Skidelsky: Trump Fed by 'Casualties' of Globalization

The transcript discusses the impact of globalization and protectionism, particularly in the context of historical figures like Hitler and Roosevelt. It examines President Trump's economic policies, including protectionism and infrastructure spending, and their potential effects on the economy. The discussion also touches on trade agreements, economic growth, and the role of Keynesian economics in addressing economic challenges. The conversation highlights the complexities of balancing trade benefits with casualties and the challenges of implementing economic stimulus within a conservative framework.

What is one of the main reasons President Trump supports protectionism?

• To increase international cooperation

• To reduce the power of China

• To promote technological innovation

• To address job losses attributed to globalization

What is a key challenge in reversing globalization according to the second section?

• The need for technological advancement

• The complexity of trade agreements

• The rise of China

• Lack of political will

How can protectionist measures potentially benefit countries?

• By promoting austerity

• By isolating economies

• By reducing international trade

• By increasing real incomes

What is one of the proposed methods to boost the American economy mentioned in the final section?

• Reducing government spending

• Implementing a trillion-dollar infrastructure program

• Promoting austerity measures

• Increasing taxes

What economic policy is mentioned as having failed to generate a robust recovery post-2008 crash?

• Quantitative easing

• Austerity policies

• Free trade agreements

• Protectionism