1. Current Debates and Final Thoughts
Benjamin Graham
Lecture 25: IPE and War Benjamin Graham

2. Lecture 25: IPE and War Benjamin Graham
Today’s Plan
Papers are now
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No reading quiz today
Today’s topics:
Automation & Employment
Shifting prospects for globalization
Lecture 25: IPE and War Benjamin Graham

3. Lecture 25: IPE and War Benjamin Graham
Why start with supply and demand?
Lecture 25: IPE and War Benjamin Graham

4. Automation & Employment
Why start with supply and demand?
Lecture 25: IPE and War Benjamin Graham

5. Automation & Employment
Categories of jobs on the chopping block:
Drivers, call centers, paralegals
Shift into services puts an emphasis on “soft” skills
Why start with supply and demand?
Lecture 25: IPE and War Benjamin Graham

6. Automation & Employment
What jobs are most complementary to artificial intelligence and increased computing power?
Why start with supply and demand?
Lecture 25: IPE and War Benjamin Graham

7. Globalization still marching forward
We haven’t thought much about rising trade barriers in the past 25 years.
Rich countries are backing away from integration
Poor & middle income countries are steaming ahead
What are the implications if rich countries backslide on integration and poorer countries keep pursuing it?
Why start with supply and demand?
Lecture 25: IPE and War Benjamin Graham

8. The Research Frontier in IPE
New Questions:
How is South-South trade and FDI different from North-South trade and FDI?
Are the causes of economic closure simply the reverse of the causes of economic openness?
How do high level of economic interdependence affect security competition?
How can nation states govern multinational corporations?
Older questions:
What are “good” domestic institutions for growth?
How can international institutions shape state, firm, and individual behavior?
Why start with supply and demand?
Lecture 25: IPE and War Benjamin Graham

9. Lecture 25: IPE and War Benjamin Graham
Some closing thoughts
Informed citizenship means evidence-driven beliefs
Epistemic rationality
A few bits of unsolicited advice
Try to avoid holding strong opinions in areas where you are not informed
Avoid confirmation bias when you receive new information
Always look for the most compelling version of an argument you disagree with
Beware of assuming people disagree with you because are evil or immoral.
Why start with supply and demand?
Lecture 25: IPE and War Benjamin Graham