Globalization, Technological Change, and Inequality: Jeffrey Sachs and Paul Krugman in Conversation
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Economists Jeffrey Sachs and Paul Krugman engage in a discussion moderated by Gillian Tett, US managing editor of the Financial Times. The panelists explore the intersection of globalization, technology, and inequality and how these issues relate to recent crises. Sachs is a professor of economics at Columbia, a senior UN advisor, and author of bestselling books, including The End of Poverty. Krugman is a Nobel laureate, New York Times columnist and author, professor at Princeton's Woodrow Wilson School, and distinguished scholar at the Luxembourg Income Study Center at the GC, where he joins the economics faculty in Fall 2015. Presented on May 4, 2015, by GC Public Programs; co-sponsored by the Ph.D. Program in Economics.
Comments
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he developed great study habits
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Why is Paul Krugman a sprcialist...his Mother made it her business that he did developed great study habits, assignments done correctly, went to the library regularly before he went out with his friends
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With education....poor chuldren require parents to get involved not just throwing money at the problem.
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With education....poor chuldren require parents to get involved not just throwing money at the problem
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In a word we are experiencing "Transcience"...the sun will rise tommorow.
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Education teaches a person to think!
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WE need Hydrologists, it requires calculus and chemistry...
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Are there any Americans who dont realize that globalization and robotics are killing America? Sure the big corporations pretend otherwise. But everyone knows the savings that accrue from cheaper prices actually kill jobs and corporate profits dont trickle down. Its not enough to try to counter balance this with domestic tax changes and liberal handouts or social programs. I'm not an economist but my sense is that globalization has only been good for multinationals who can exploit the disparities between foreign taxation, wages and domestic prices. America needs to develop an economy that prioritizes American jobs. Tariffs and self sufficiency.
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The elephant in the room with this entire debate is the following : The us has one of the highest per capita spending on its citizens in the world. In healthcare, education, job retraining, etc etc. ANd we have LOUSY results. So people need to wake up. Its never been the spending. Its always that its poorly implemented.
I wish Sachs and Krugman would at least acknowledge the dismal failure of government spending so far instead of pretending like the Us doesn't spend enough. -
“you guys believe in government!” not sure whether that was cynical or not
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Why is an uninformed moderator always needed? This one is particularly flamboyant. I'd much rather these two simply discuss between themselves
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The only reason the 2 professors are so smug is because in spite of yacking to the contrary, they don't really believe they're replaceable by technological innovation. As we speak universities around the world are failing... and they don't even know it yet.
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Thank you so much for sharing this. I live in Russia and there would be no other possible way in few coming years to witness these two fine men speaking to the audience for an hour about Technology and Inequality. Even though this is clearly not enough for hungry mind to hear, but yet it gives so much to think and search about.
Best wishes to everyone and Happy New Year! -
6 minutes in, and the rubbing and touching just wont cease. I wish someone would add to the ad blocker toolbox the 'rambling back patting introductions' blocker. "I was chairing a similar panel in Davos.." Something no one should admit to.
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Gillian Tett has a wonderful speaking voice.
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No mamen que no hay subtítulos
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Very glad to see this video has so many viewers.
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World achievements - input and output in Russia and Ukraine:
Action - input in 2014 - Crimea, Ukraine East, 2015 - Syria.
Output - Result:
10 thousand killed, 1.5 million refugees in Ukraine; 224 killed in Sinai
economic decline by 4, and 6%, respectively, devaluation of the ruble and hryvnia twice
Inflation of more than 15%
The effect is achieved?
And for those killed have effect? Input in world's wealth -
min 39
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Lol "are robots taking our jobs?". So technology is making many shitty jobs less necessary and we blame that for our economic trouble. Pretty unimaginative anthropologist.
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