Nobel Laureate Paul Krugman (City University of New York) joins for a wide-ranging conversation on historical lessons as well as some new thinking about international trade, the “agglomeration economies” driving geographically concentrated production, industrial policy, as well as the policy environment under President Trump (42:12).
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- Krugman, Paul R. 1987. Is Free Trade Passé? Journal of Economic Perspectives 1(2): 131–144.
- Krugman, Paul R. 2011. Increasing Returns in a Comparative Advantage World. In Robert M. Stern (ed.) Comparative Advantage, Growth, and the Gains from Trade and Globalization: A Festschrift in Honor of Alan V Deardorff. World Scientific Studies in International Economics: Volume 16.
- Krugman, Paul R. 2024. Why Does U.S. Technology Rule? Maybe it’s just in the right place. Substack, December 12.
- Bown, Chad P. and Douglas A. Irwin. 2025. The incoherent case for tariffs. Trump’s fixation on economic coercion will subvert his economic goals. Foreign Affairs, March 11.
