Even optimal economic policies create winners and losers, and that’s where politics steps in. Trade liberalization is an example of a policy that can make a country better off as a whole, but what happens to workers who lose out to cheaper goods? Jeffry Frieden says while politics is often messy, it’s how society puts a value on things economists can’t measure. Frieden is a Professor of Government at Harvard University. <a href= "https://traffic.libsyn.com/imfpodcast/Jeffry_Frieden-transcript-IMF_Podcast.pdf"> Transcript</a>: https://bit.ly/4cU34qZ Read A Place for Politics at IMF.org/fandd

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Jeffry Frieden: How Politics and Economics Interact

IMF Podcasts