Labor, Wages Suffer From Stagnant Money: Bhagwati

The transcript discusses economic challenges, emphasizing the need to create demand and avoid protectionism. It highlights the role of international trade in boosting economic demand and references historical economic perspectives. The impact of the Affordable Care Act on Walmart employees is examined, suggesting they are better off post-ACA. The discussion concludes with the effects of global trade on domestic demand and the challenges posed by currency wars.

In what way has international trade helped with stagnant wages?

What challenges are anticipated as other countries begin to come down economically?