Marketplace has a new podcast for kids, "Million Bazillion!" EPISODE OUT NOW
Mid-day Update

08/18/2017: Globalization might be getting too much blame

David Brancaccio Aug 18, 2017
HTML EMBED:
COPY
Mid-day Update

08/18/2017: Globalization might be getting too much blame

David Brancaccio Aug 18, 2017
HTML EMBED:
COPY

Market players are concerned that President Trump’s senior economic adviser, Gary Cohn, might resign over his disappointment with Trump’s comments on the Charlottesville protests. But he’s the one figure in the administration who gives Wall Street the most comfort, and he could become the next Fed Chair. On today’s show, economist Christopher Low joins us to talk about the qualities someone should have to take on the most powerful economic policy position in the U.S. Afterwards, we’ll chat with NYU professor Pankaj Ghemawat about whether globalization is on the decline, and if it’s actually responsible for the stagnation many middle-class people are feeling.

 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.