Economic changes bring prosperity, but not without cost. The globalization of how we produce and consume has left many American workers in dead end jobs without prospects for advancement. Some critics of this change have argued for the necessity of walls to protect American industries from global competition and labor exploitation. In his new book The Wall and The Bridge: Fear and Opportunity in Disruption’s Wake, Glenn Hubbard argues for bridges to economic opportunity. We discuss themes from his book in today’s episode.

Glenn Hubbard

The Wall and the Bridge

The Road to Serfdom by F. A. Hayek

Ken White

Eagle Scout

The Wealth of Nations by Adam Smith

Adam Smith Works - Liberty Fund

The Theory of Moral Sentiments

Smith’s Idea of Mutual Sympathy

Laissez-Faire Economy

Dignity at Work by Brent Orrell

President Bush's High Growth Job Training Initiative

Block-Granting Entitlement Programs

Growing Fairly by Stephen Goldsmith and Kate Markin Coleman

One Counselor for Every 1,000 students - Northern Virginia

Community College System

Personal Reemployment Accounts

American Industrialization

Mexican Truck Drivers Situation

Trade Adjustment Assistance (TAA) Program

Trade Expansion Act of 1962

Morrill Act

Land-Grant University

GI Bill

“Go west, young man” by Horace Greeley

The Great Transformation by Karl Polanyi

Place-Based Policies