NPR
Prof. David Autor speaks with NPR Planet Money host Greg Rosalsky about his working paper exploring “what happened to American communities after China joined the World Trade Organization in 2001,” also known as the “China Shock. Autor and his colleagues found that while regions impacted by the China Shock did eventually recover, the people hurt by the China Shock did not. “The China Shock research suggests that classic, free market economic theory blinded many to the reality that free trade can destroy the livelihoods of many people and that they have a hard time adjusting," says Rosalsky.