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Peterson on Complications Surrounding ‘Buy American’ Policies

Public policy professor Mark Peterson was interviewed on LAist’s Airtalk about the possibility of creating policies to encourage buying products made in America. “It’s complicated because we have entered a globalized world in which the United States is one of the most advanced economies and therefore also one of the most expensive workforces in the world, and also a country that has been trying to lead on things like climate change and environmental interventions,” he said. If businesses move their operations to places where the cost of labor is low but employee health and environmental concerns are not a priority, this would be to the detriment of workers in the United States. Peterson supported the idea of organizing the global system in a different way in order to reap the benefits of free trade.


 

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