Channel: Marginal Revolution University

Category: Education

Tags: elephant graphglobalization contemporary worldbrazilian bremmerjobsunited statesautomation jobsglobalization 4.0indiaincome distributionapple computersglobalization easyeconomicsmexicotradechinaautomation destroying jobswage growthmanufacturingtyler cowenbranko milanovic

Description: While globalization has helped lift over a billion people out of extreme poverty in the last 20 years alone, some of the world has seen little to no movement—most notably the working- and middle-classes in developed economies like the USA, Canada, Europe, and Australia. Tyler Cowen and Ian Bremmer examine who has benefited most from globalization and automation through a detailed examination of Branko Milanovic’s famous elephant graph. Will the next decades resemble the same outcome? How will robots change this? Teachers! See the free Globalization curriculum: bit.ly/3dEjFkj Next video: bit.ly/2kjEryz Series playlist: bit.ly/2mjCGSO Practice questions: bit.ly/2lTx7Ku Subscribe to MRU: bit.ly/34MqxHU About the series: Globalization and Robots: The Future of Work Globalization and robots dominate the discussion of jobs, politics, and more. We’re donning our scuba gear and diving in deep to better understand where the economy is going, how students should navigate it, and how these forces shape our society. A topic of this magnitude requires a bit more firepower than usual. That’s why we’ve partnered with Eurasia Group Foundation and enlisted two intellectual wizards to help us out: Ian Bremmer, expert political scientist, bestselling author, and Twitter extraordinaire; and MRU’s own Tyler Cowen, expert economist, bestselling author, and iron man of blogging. They’ll lead you on a rollicking adventure that explores the rise of the Avengers, the fall of Kodak, and a graph so famous it has its own mascot!