What is a tariff? Are they good or bad? Or is this maybe one of those "It depends" type of things? Has the USA done tariffs like Trump is proposing before?
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The Mad Centrist - The political podcast for the rest of us.
The MAD Centrist – named after the Kurt Vonnegut quote from The Monkey House, “A sane person to an insane society must appear insane.”
Show notes:
Economics 101: What Is a Tariff? Learn How Tariffs Work in Economics With Examples - 2024 - MasterClass
How did Trump's 1st tariffs work out? Measuring Aggregate Price Indexes with Taste Shocks: Theory and Evidence for CES Preferences
Tariffs in US history: Smoot-Hawley Tariff Act | History, Effects, & Facts | Britannica
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