166 Where Economists Go Wrong

Prof. Dani Rodrik has never been shy about bucking conventional wisdom, and many of his insights, often deemed unorthodox at their inception, now seem prescient. Nowhere is that more clear than in his warning, twenty years ago, that unrestricted globalization could have a backlash effect, straining the fundamental ideals that support democratic governance. In this episode, Rodrik explains some of his more notable insights, and discusses his new book, which takes aim at both economists and their detractors, seeking a middle ground where academic rigor can be effectively applied in the real world.