Yale's Robert Shiller on Trade and Economy

The video discusses the challenges faced by the economics profession, particularly public skepticism and the perception of bias. It analyzes Trump's economic plans, including infrastructure development and deficit spending, and their potential impacts. The role of behavioral economics in understanding business fluctuations is explored, with a focus on psychological factors like confidence. The video also examines trade policies, the debate on free trade, and the impact of technology on job loss and inequality. It concludes with a note of optimism for the future despite these challenges.

What is the significance of trade adjustment assistance mentioned in the text?

How does the speaker view the future of inequality in relation to economic policies?

What role does technology play in job losses according to the discussion?