Will Trump’s tariffs bring an end to the globalization era?

MIT Stone Center on Inequality & Shaping Work May 8, 2025
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MIT Stone Center on Inequality & Shaping Work

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The James M. and Cathleen D. Stone Center on Inequality and Shaping the Future of Work at MIT analyzes the forces that contribute to growing income and wealth inequality through the erosion of job quality and labor market opportunities for workers without a college degree. We identify innovative ways to move the economy onto a more equitable trajectory by carrying out cutting-edge research, developing curricula, and convening students, scholars, policymakers, and practitioners.

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MIT professor and Nobel laureate Simon Johnson argues that Trump’s tariff policies don’t mean the end of globalization, but rather a remaking of it. The flows of ideas, trade, finance, and people will be reorganized, with significant consequences for who wins and loses around the world — and who has good jobs. Simon Johnson is the Ronald A. Kurtz (1954) Professor of Entrepreneurship at the MIT Sloan School of Management and Co-Director of the MIT Shaping the Future of Work Initiative.

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