Episode 206 A Fair Assessment of the Economic Arguments for Trump's Tariffs with Bob Murphy

Summary:Libertarians and other free market advocates tend to dismiss Trump’s tariff policy out of hand as simply economically ignorant mercantilism. But the policy advisors around Trump are not ignorant of free trade arguments but rather are highly credentialed economists whose true arguments must be first understood before being refuted. Austrian economist Robert P. Murphy, Ph.D. joins Tom to help listeners do just that.Guest Bio:Robert P. Murphy is a Senior Fellow with the Mises Institute. He is the author of numerous books: Contra Krugman: Smashing the Errors of America’s Most Famous Keynesian; Chaos Theory; Lessons for the Young Economist; Choice: Cooperation, Enterprise, and Human Action; The Politically Incorrect Guide to Capitalism; Understanding Bitcoin (with Silas Barta), among others. He is also host of The Human Action Podcast and The Bob Murphy Show.Links:Watch this episode on You TubeUnpacking the Document that Spells Out Trump’s Tariff Strategy (Human Action Podcast)A User’s Guide to Restructuring the Global Trading System (paper analyzed in link above)More trade analysis at Bob’s InFi: The Future of FinanceBob’s X FeedFree Gifts from Tom:Get a free copy of It’s the Fed, Stupid at itsthefedstupid.com!Learn more about the philosophical differences between conservatives, liberals, and the founding fathers in this free excerpt of Tom’s 2015 book, Where Do Conservatives and Liberals Come From?Subscribe to Tom’s Substack here!Check out Tom’s new podcast, Tom Mullen Talks Movies!Like the music on Tom Mullen Talks Freedom? You can hear more at tommullensings.com!