LSE Professor Pissarides' Economic Tips for Donald Trump

The video discusses the economic challenges faced by President Trump, focusing on the need to address uncertainty and stimulate 'animal spirits' in the economy. It examines the potential impact of tax reform and infrastructure spending, drawing parallels with Reagan's presidency. The discussion shifts to globalization's effect on industrial production, highlighting the shift to countries like China and India. Finally, it explores the rise of services as the new industrial production, emphasizing automation and export potential.

In what ways are services becoming the new industrial production?

What role does technology play in the future growth of the service sector?