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Free trade is always under attack, more than ever in recent years. The imposition of numerous U.S. tariffs in 2018, and the retaliation those tariffs have drawn, has thrust trade issues to the top of the policy agenda. Critics contend that free trade brings economic pain, including plant closings and worker layoffs, and that trade agreements serve corporate interests, undercut domestic environmental regulations, and erode national sovereignty. Why are global trade and agreements such as the Trans-Pacific Partnership so controversial? Does free trade deserve its bad reputation? This book aside the misconceptions that run rampant in the debate over trade and gives readers a clear understanding of the issues involved. In its fifth edition, the book has been updated to address the sweeping new policy developments under the Trump administration and the latest research on the impact of trade.

Free trade. --- Globalization. --- Protectionism. --- United States --- United States. --- Commercial policy. --- Adobe. --- Algorithmic trading. --- Anti-globalization movement. --- Balance of trade. --- Brookings Institution. --- Bureaucrat. --- Calculation. --- Comparative advantage. --- Competition. --- Competitiveness. --- Consumer. --- Consumption (economics). --- Currency. --- Developed country. --- Donald Trump. --- Dumping (pricing policy). --- Economic development. --- Economic growth. --- Economic integration. --- Economic interventionism. --- Economic policy. --- Economics. --- Economist. --- Economy of the United States. --- Economy. --- Employment. --- Exchange rate. --- Expense. --- Export subsidy. --- Export. --- Financial crisis of 2007–08. --- Financial crisis. --- Foreign direct investment. --- Foreign trade of the United States. --- General Agreement on Tariffs and Trade. --- Great Recession. --- Gross domestic product. --- Import "a. --- Import Duty. --- Import. --- Income. --- Industrial policy. --- Industry. --- Inflation. --- International Monetary Fund. --- International trade. --- Investment. --- Journal of International Economics. --- Legislation. --- Liberalization. --- Lobbying. --- Macroeconomics. --- Manufacturing. --- Market economy. --- Market price. --- National security. --- Net Exporter. --- Net Importer. --- North American Free Trade Agreement. --- Oxford University Press. --- Paul Krugman. --- Payment. --- Percentage point. --- Peterson Institute for International Economics. --- Policy. --- Politician. --- Price support. --- Princeton University Press. --- Product (business). --- Productivity. --- Ralph Nader. --- Real income. --- Recession. --- Regulation. --- Smoot–Hawley Tariff Act. --- Subsidy. --- Supply (economics). --- Tariff. --- Tax. --- Technology. --- The Wealth of Nations. --- Trade agreement. --- Trade barrier. --- Trade diversion. --- Trade restriction. --- Trade union. --- Trade war. --- Trans-Pacific Partnership. --- Unemployment. --- United States Department of Commerce. --- Wage. --- Welfare. --- World Bank. --- World Trade Organization. --- World War II. --- World economy. --- Free trade

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A candid explanation of how the labor market really works and is central to everything—and why it is not as healthy as we thinkRelying on unemployment numbers is a dangerous way to gauge how the labor market is doing. Because of a false sense of optimism prior to the COVID-19 shock, the working world was more vulnerable than it should have been. Not Working is about how people want full-time work at a decent wage and how the plight of the underemployed contributes to widespread despair, a worsening drug epidemic, and the unchecked rise of right-wing populism. David Blanchflower explains why the economy since the Great Recession is vastly different from what came before, and calls out our leaders for their continued failure to address one of the most unacknowledged social catastrophes of our time. This revelatory and outspoken book is his candid report on how the young and the less skilled are among the worst casualties of underemployment, how immigrants are taking the blame, and how the epidemic of unhappiness and self-destruction will continue to spread unless we deal with it. Especially urgent now, Not Working is an essential guide to strengthening the labor market for all when we need it most.

Underemployment --- Disguised unemployment --- Great Britain --- Economic conditions --- Americans. --- Andy Haldane. --- Austerity. --- Bank of England. --- Bank rate. --- Business cycle. --- Capitalism. --- Central bank. --- Chief economist. --- Competition. --- Council of Economic Advisers. --- Culture war. --- Current population survey (US). --- David Blanchflower. --- Debt. --- Developed country. --- Donald Trump. --- Downside risk. --- Economic growth. --- Economic inequality. --- Economics. --- Economist. --- Economy of the United States. --- Economy. --- Employment. --- Eurobarometer. --- Eurostat. --- External examiner. --- Federal Open Market Committee. --- Financial crisis of 2007–08. --- Financial crisis. --- Forecasting. --- Frexit. --- Full employment. --- Full-time. --- Globalization. --- Great Recession. --- Household. --- Illegal immigration. --- Immigration. --- Income. --- Inflation. --- Interest rate. --- John Maynard Keynes. --- Labor demand. --- Labour supply. --- Lecture. --- Lithuania. --- Long run and short run. --- Macroeconomics. --- Mark Carney. --- Medicaid. --- Minimum wage. --- Monetary Policy Committee. --- NAIRU. --- Natural rate of unemployment. --- Negative Growth. --- Obesity. --- Opioid. --- Part-time contract. --- Paul Krugman. --- Pension. --- Percentage point. --- Percentage. --- Policy. --- Politician. --- Populism. --- Poverty. --- Private sector. --- Quantitative easing. --- Real estate appraisal. --- Real estate economics. --- Real wages. --- Recession. --- Retail. --- Right-wing populism. --- Saving. --- Self-employment. --- Shortage. --- Supervisor. --- Supply (economics). --- Tariff. --- Tax cut. --- Tax. --- Technology. --- The Economist. --- The New York Times. --- Trade union. --- Trade war. --- Uncertainty. --- Underemployment. --- Unemployment benefits. --- Unemployment in the United States. --- Unemployment. --- Voting. --- Wage. --- Well-being. --- Workforce. --- Year. --- YouGov.