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In this episode, we explore the 21st century economy under the pillars of globalization, welfare and inequality. Although the benefits of globalization are apparent, as it tends to behoove the lives of consumers directly, the downsides are unfortunately not as explicit. Inequality has, to a certain degree (depending on the nation), been negatively impacted mainly due to the free movement of labor across borders. As such, in this episode, we delve into the specific consequences and how to potentially ameliorate them. Check out the full interview with Peter Diamond: https://www.youtube.com/watch?v=4QpWo...