Charlie Rose: Sir James Goldsmith Interview - 15.11.94
Why Hacker News recommends it
Recommended as a prescient interview on free trade and its social consequences, worth watching with hindsight.
What it is
Charlie Rose interviews Sir James Goldsmith in 1994 about the coming GATT free-trade agreement. Goldsmith predicts that global capital mobility will upset the balance between capital and labor.
Recommended by 3 HN commenters across 3 different months, 2016 to 2021.
What Hacker News said
Strong rec ItsMonkk · 2021-10 · on “Nobody Really Knows How the Economy Works. A Fed Paper Is the Latest Sign”
I encourage everyone who cares about this space to watch the 1994 Charlie Rose episode with Sir James Goldsmith[0]. He nailed it. [0]: [this video]
Recommends walterbell · 2016-01 · on “In 2016, let's hope for better trade agreements – and the death of TPP”
For historical context on trade and society, see the classic (1994) Charlie Rose interview of Sir James Goldsmith on GATT/NAFTA, now that we have 20 years of experimental results, [this video]
Recommends sprafa · 2016-11 · on “How Economic Gobbledygook Divides Us”
You should look at Jonathan Goldsmith's appearance on Charlie Rose. [this video] Free Trade is not always good, and he correctly predicts that the global movement of capital will disrupt the current agreement between capital and labor that served the West so well. Donald Trump is wrong on many issues, but this is not one of them as far as I can tell. There a religiosity to the argument that free trade is "always good", even though high performing Asian economies are somewhat protective. Economics at its current understanding is almost like a religion of capitalism. It has little to do with actual economic behaviour and has very little predictive power. That's why we keep having crises. Look into