In this podcast, economist Max Dvorkin talks about his research into the impact of Chinese imports on U.S. jobs during the period 2000-07, a time when those imports were surging. In all, 800,000 manufacturing jobs in the U.S. were lost because of these imports, Dvorkin found. On the flip side, a like number of jobs were created in different sectors. In addition, the cheaper imports led to an increase in buying power of $260 a year on average for every American—for life, he calculated. Who won? Who lost? What’s left to learn? Listen to the 14-minute podcast.