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How Trade Helps Explain Inequality

NPR

Many economists and politicians argue that international trade has been a good thing. Countries that open themselves up for trade tend to be more peaceful, more efficient, and consumers can get cheaper and more varied goods. But it has also contributed to rising income inequality, as some workers lose out from the benefits of trade.

Today on The Indicator: how does trade affect inequality, and how did it get to be that way?

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Stacey Vanek Smith is the co-host of NPR's The Indicator from Planet Money, and is a correspondent for Planet Money.
Cardiff Garcia is a co-host of NPR's The Indicator from Planet Money podcast, along with Stacey Vanek Smith. He joined NPR in November 2017.