Ep 156. Philip Coggan--The Economic Consequences of Mr Trump; And will the UK restore budgetary order?

With the long-awaited UK budget finally revealed (in a leaked form a few hours early), will this finally restore a semblance of financial Order to the UK? And with Trump’s haphazard tariffs ongoing and constantly mutating, what does it all mean for the global economic order? To find out, Jason is joined by Philip Coggan, award winning journalist and author of The Economic Consequences of Mr Trump: What the Trade War Means For the World. This ep is brought to you in partnership with the New Books Network. Philip and Jason explore how major historical lessons in economics (concerning specialization, efficiency, growth, the advantages of trade deficits, etc.) can all be unpacked from the ongoing economic consequences of Trump's tariffs.  They draw upon the historical parallels of Trump's actions to try to understand the true motivations behind Trump’s tarriffs.  Is it all about misunderstanding the meaning of trade deficits, or all about manufacturing, or is it all about centralisation of power and political theatre. Listen to find out… Plus: the duo spoke right after the UK budget announcement and they tried to unpack the domestic implications of the recent UK budget and whether any of Reeve’s economic policies can actually Order the Disorder. To join our Mega Orderers Club, and get ad free listening, early episode releases, bonus content and exclusive access to live events, visit https://disorder.supportingcast.fm/  Producer: George McDonagh Subscribe to our Substack - https://natoandtheged.substack.com/ Disorder on YouTube - https://www.youtube.com/@DisorderShow Show Notes Links: Pls Join the Mega Orderers Club for ad-free listening and early release of the episodes, via this link: https://disorder.supportingcast.fm/ For more on our partnership with the New Books Network visit: https://newbooksnetwork.com/category/up-partners/disorder  Get Philip’s book The Economic Consequences of Mr Trump - https://profilebooks.com/work/the-economic-consequences-of-mr-trump/  Cockup instead of Conspiracy: How Rachel Reeves’s budget was leaked 40 minutes early: https://www.theguardian.com/uk-news/2025/nov/26/how-rachel-reeves-budget-was-leaked-40-minutes-early  Budget 2025: Key points at a glance-- https://www.bbc.co.uk/news/articles/cj4w44w42j5o  Learn more about your ad choices. Visit megaphone.fm/adchoices