we have the conversation about he won t be given security, won t be given a title and also concerns and conversations about how dark his skin might be when he s born. fox & friends first starts right now. i m on top of the work. i m on top of the world. waiting on this for a while now. jillian: we might not be necessarily on top of the world. we re coming at you live from all across the world with benjamin hall live in long of don, i m live in new york city. and welcome to the show. that line thrown under the bus like get it, thrown, like the royals, pretty good one. there are shock waves on this side of the pond this morning. that interview causing a lot of headlines. we ll get to that later on in the show. it s going to be busy. jillian: with that we say good morning, you re watching fox & friends first on this monday morning. i m jillian mele. i m benjamin hall, in for todd piro. the house is set to receive the covid relief bill after it passes the senate
dramatic instrumental [narrator] great decisions is produced by the Foreign Policy association. In association with thomson reuters. Funding for great decisions is provided by pricewaterhousecoopers llp. [narrator] everywhere around us are signs of international trade. The basic idea of trade as economists have understood it now for two centuries is that trade expands the pie, it makes the economy more efficient, it directs resources to comparative advantages as economists say. But it also changes the income distribution. Weve come through this very long period in which the United States went from being a relatively closed economy to being quite an open one. And the result of that was a lot of competition for jobs, for wages, for export opportunities in sectors that really hadnt faced competition before. [narrator] advances in communication, technology, and transport have thrown open the door to trade like no other time in history. Globalization is history, history is globalization, no
dramatic instrumental [narrator] great decisions is produced by the Foreign Policy association. In association with thomson reuters. Funding for great decisions is provided by pricewaterhousecoopers llp. [narrator] everywhere around us are signs of international trade. The basic idea of trade as economists have understood it now for two centuries is that trade expands the pie, it makes the economy more efficient, it directs resources to comparative advantages as economists say. But it also changes the income distribution. Weve come through this very long period in which the United States went from being a relatively closed economy to being quite an open one. And the result of that was a lot of competition for jobs, for wages, for export opportunities in sectors that really hadnt faced competition before. [narrator] advances in communication, technology, and transport have thrown open the door to trade like no other time in history. Globalization is history, history is globalization, no
Moment. He has written a Remarkable Book,the great inflation and its aftermath. I read it over the weekend, cover to cover. That does not happen often. It is a very readable book. It is really remarkable. First of all, of course, because of its timing. At the moment that everybody tries to catch up on what actually the Great Depression was and he tries to focus our attention on the great inflation of the 60s and 70s. And the aftermath, when everybody is thinking of the sudden deflation, we are focusing on the consequences, negative consequences of the inflation. When all of the policymakers seem to have tensions at the bookt, he explains in this what came from the start of the application of thought since the kennedy administration. So partly this is remarkable because the book was, of course, written a little bit earlier than today. He finished the book at the end of last year. Partly because he is also an independent thinker who looks ahead also. It is also very remarkable because it
Hans good afternoon, everybody. Let me say on behalf of the world bank and prospects group, we welcome you to this book event. Very much we want to welcome robert samuelson. We will introduce him in a moment. He has written a remarkable book,the great inflation and its aftermath. I read it over the weekend, cover to cover. That does not happen often. It is a very readable book. It is really remarkable. First of all, of course, because of its timing. At the moment that everybody tries to catch up on what actually the Great Depression was and he tries to focus our attention on the great inflation of the 60s and 70s. And the aftermath, when everybody is thinking of the threat of deflation we are , focusing on the consequences, negative consequences of inflation. When all of the policymakers seem to be having tensions at the moment, he explains in this book, the start of the application of thought since the kennedy administration. So currently this is remarkable , because the book was, of