Justin Wolfers
Econ professor at Michigan ● Senior fellow, Brookings and PIIE ● Intro econ textbook author ● Think Like An Economist podcast ● An economist willing to admit that the glass really is half full.
- The intellectual error(s) at the heart of Trump's trade policies.
- "When you look at that China deal specifically, where is the win in it for the majority in America?" If you think I'm a partisan, you'll predict one answer. If you think I'm intellectually consistent, you'll choose another.
- Probably more a debate than an interview, but a debate I'm happy to have: Will the Trump tariffs -- the actual Trump tariffs rather than some hypothetical he could have implemented -- will help bring jobs onshore?
- A short course in how to understand our current budget and tax debates.
- The President's trade "deal" with the UK looks more like a pre-nup than a trade deal. (Except a pre-nup doesn't conclude with: "this document does not constitute a legally binding agreement.")
- After the trade talks with the UK and China: 1. The average tariff rate in the U.S. is 17.8%, the highest since 1934 2. The Trump import tariffs will cost the average family around $2,800 per year 3. It's a bigger share of the budgets of low-income folks budgetlab.yale.edu/research/sta...
- Funny aside: At this point the US and China are still yet to agree on who called who to suggest they talk in Geneva.
- The *economics* of the special tariff carveout for British-made luxury vehicles is a bit too revealing.
- An announcement that there will be an announcement that there's an agreement to work towards an agreement.
- I had never noticed and now this is all I can think about.
