Episode 183 Economics was invented to refute Trump's tariff arguments

Summary:

Many of Trump’s promises, such as cutting taxes, removing restrictions on fossil fuels, and cutting the size and power of the administrative state, will greatly benefit Americans. But his promised tariffs will make Americans poorer, as all economic history has shown.

Links:

Economics Was Invented to Refute Trump’s Tariff Arguments

Our History of Protectionist Tariff Train Wrecks

December 6, 1887: Third Annual Message (President Grover Cleveland)

Industrial Production – 100 Year Chart

Is U.S. Manufacturing Really Declining?

Economics in One Lesson

Free Gifts from Tom:

Download a free copy of Tom's e-book, It’s the Fed, Stupid, at itsthefedstupid.com.

It’s also available in paperback here.

It’s priced at a pre-hyperinflation level so grab a few copies for friends if you can.It makes a great introduction to the government’s most economically damaging institution for liberals, conservatives, libertarians, socialists, and independents alike.

There is no binary “political spectrum.” There are not two worldviews in American politics but three. Learn more where conservatives, liberals, and the founding fathers came from in Tom’s 2015 book, Where Do Conservatives and Liberals Come From?

Check out Tom’s new podcast, Tom Mullen Talks Movies!

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