Ep. 384 Explaining Optimal Tariff Theory and Its Relation to Standard Free Trade Arguments
Bob first explains the neoclassical theory of “optimal tariffs,” by which a large country can use a modest tariff to improve its terms of trade. He then shows how this theoretical possibility is consistent with standard arguments making the case for free trade. Mentioned in the Episode and Other Links of Interest: The link for Monetary-Metals.com.…
Ep. 383 Crossover: Trump Wants to Own Gaza
Adam Haman returns to discuss yet another whirlwind of activity from the Trump Administration, including dismantling of the USAID program and his announcement that the US it taking ownership of Gaza. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode. Trump announcement on Gaza. The Stephen Miran report on trade…
Ep. 382 Sheldon Richman Says Corporate Isn’t a Dirty Word
The executive editor of the Libertarian Institute, Sheldon Richman, joins Bob to push back against the popular use of the term “corporate” as a pejorative. They cover both cultural and theoretical issues. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode. Sheldon Richman’s post on the term “corporate.” His bio…
Ep. 381 Crossover: Feds Admit Wuhan Lab Leak and What to Do With Baby Hitler
In yet another crossover, Adam Haman returns to discuss the recent admission by the feds that the origin of Covid-19 was probably the Wuhan lab leak. Adam and Bob then discuss the age-old question, “If you could go back in time and find baby Hitler, would you…?” Mentioned in the Episode and Other Links of…
Ep. 380 Fergus Hodgson Gives Libertarians the Latin America Red Pill
Fergus Hodgson is originally from New Zealand but has lived in several countries. His new book explains that the prospects for being an ex-pat in Latin America don’t live up to the hype. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode. Fergus Hodgson’s homepage. His book The Latin America Red Pill.…