Podcast appearances and mentions of Douglas Irwin

What are tariffs really used for? For economic protection? For political gain? For enforcing foreign policy? In this interview, I discuss the following with my guest scholar: ►Why James Madison foresaw tariffs as an inevitable source of conflict? ►In U.S. history, did Americans ever complain that tariffs are really a tax on the people? ►What was the first instance in which tariffs were used as a foreign policy tool? ►What is the Tariff of Abominations? ►How did tariffs backfire on Southern politicians? ►How are tariffs and secession movements related? ►Were tariffs part of Civil War's history? ►What powers did Congress grants to FDR over tariffs? ►What part of U.S. history does Pres. Trump point to as justification for his tariff policy? ►What was Pres. Reagan's tariff policy? ►How is tariff policy with the USSR different than our tariff policy toward China?

Is the United States victimized by trade? What causes trade deficits? Are higher tariffs a good idea? Can manufacturing jobs return to the United States? Economist Doug Irwin of Dartmouth College answers these questions and more in this wide-ranging conversation with EconTalk's Russ Roberts.

Paul Gigot interviews Dartmouth economist Douglas Irwin on why Trump's tariffs are unlike any other in U.S. history, how they will change the global trading system, and what to do about the special case of China. Learn more about your ad choices. Visit megaphone.fm/adchoices

The 1920s and the 2020s share a special kinship. One hundred years ago, the U.S. was grappling with a mix of growth, technological splendor, and generational anxiety—a familiar cocktail (albeit, from an era where cocktails were illegal). The era's young people felt uniquely besieged by global forces. “My whole generation is restless," F. Scott Fitzgerald wrote in This Side of Paradise. “A new generation dedicated more than the last to the fear of poverty and the worship of success; grown up to find all Gods dead, all wars fought, all faiths in man shaken." America was changing. And change always implies a kind of loss. We were moving toward cars and cities and manufacturing. And that meant we were moving away from horses and farmland and agriculture. And so, in 1930, just months into the Great Depression, Herbert Hoover signed a new piece of legislation to restore farmers to their previous glory. It was a great big tariff—the Smoot-Hawley Tariff. Rather than save the economy, it deepened the depression. Today, the Smoot-Hawley Tariff is one of the most infamous failures in the history of American politics. To suggest that it holds lessons for this moment in history is to state the obvious. Our guest is Douglas Irwin, an economist and historian at Dartmouth University and an expert on the economic debates of the Great Depression. We talk about the economic motivations of the Smoot-Hawley tariff, the congressional debates that shaped it, the president who signed it, and the legacy it left. We talk about the economic instinct to preserve the past—an instinct that has never gone away in American history—and the profound irony, that some efforts to return America to its former glory can have the unintended effect of robbing America of a richer future. If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guest: Douglas Irwin Producer: Devon Baroldi Learn more about your ad choices. Visit podcastchoices.com/adchoices

President Trump stunned many by pausing higher tariff rates on most other countries for 90 days. But the president raised tariffs on Chinese imports to 125 percent after Beijing retaliated overnight. This led to a historic day of rallies in the markets after multiple days of steep drops. Lisa Desjardins reports and Amna Nawaz discusses more with economists Simon Johnson and Douglas Irwin. PBS News is supported by - https://www.pbs.org/newshour/about/funders

President Trump stunned many by pausing higher tariff rates on most other countries for 90 days. But the president raised tariffs on Chinese imports to 125 percent after Beijing retaliated overnight. This led to a historic day of rallies in the markets after multiple days of steep drops. Lisa Desjardins reports and Amna Nawaz discusses more with economists Simon Johnson and Douglas Irwin. PBS News is supported by - https://www.pbs.org/newshour/about/funders

After months of bluster, he's finally done it. At a ceremony in the White House Rose Garden, Donald Trump overturned decades of American trade policy with a simple signature. The new wave of trade restrictions, if implemented in full, will raise tariffs to the highest level in more than a century. So how bad could it get?Hosts: Mike Bird and Ethan Wu. Guests: The Economist's Simon Rabinovitch; and Douglas Irwin, a professor of economics at Dartmouth College.Transcripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+.For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

After months of bluster, he's finally done it. At a ceremony in the White House Rose Garden, Donald Trump overturned decades of American trade policy with a simple signature. The new wave of trade restrictions, if implemented in full, will raise tariffs to the highest level in more than a century. So how bad could it get?Hosts: Mike Bird and Ethan Wu. Guests: The Economist's Simon Rabinovitch; and Douglas Irwin, a professor of economics at Dartmouth College.Transcripts of our podcasts are available via economist.com/podcasts.Listen to what matters most, from global politics and business to science and technology—subscribe to Economist Podcasts+.For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.

An economist says Donald Trump's 'liberation day' could better be described as 'watch your wallet day'. The US President will be announcing his next round of tariffs in about half an hour. Dartmouth College Economics Professor Douglas Irwin say tariffs could be across the board or set specifically to each country. He told Mike Hosking a blanket option would create a lot of economic pain. Irwin says that includes fruit, clothes, shoes, and other manufactured goods. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Today on the show, Fareed speaks with former Ukrainian Foreign Minister Dmytro Kuleba about the response in Kyiv as the US has decided to pause military aid and intelligence following last week's Oval Office showdown between Presidents Trump and Zelensky, and whether Europe will be able to fill the void.    Next, senior writer for the New York Times Katrin Bennhold joins the show to discuss the likely next chancellor of Germany's striking remarks that he wants to strengthen Europe's defenses and achieve independence from the United States. Will the rest of Europe follow?   Finally, Fareed talks with Dartmouth economics professor Douglas Irwin about how President Trump's proposed tariffs stack up against history.    GUESTS: Dmytro Kuleba (@DmytroKuleba), Katrin Bennhold (@kbennhold), Douglas Irwin (@D_A_Irwin)  Learn more about your ad choices. Visit podcastchoices.com/adchoices

A North American trade war was almost started and then subsequently put on hold after the Trump administration put a 30-day pause on tariffs placed on goods from Canada and Mexico. However, tariffs on imports from China went into effect on Tuesday. Douglas Irwin, Professor of Economics at Dartmouth College, joins Brittany Lewis on “Forbes Newsroom” to discuss. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Douglas Irwin, Dartmouth Professor of Economics, discusses the US trade war with Bloomberg's Tom Keene and Paul Sweeney on Bloomberg Radio. See omnystudio.com/listener for privacy information.

Send us a textTrade is all the rage these days. Or, at least, raging about trade is. Today, we unpack what trade and free trade are, and how to talk about it. We also address the abundance of lawyers in trade policy. Douglas Irwin is a professor of economics at Dartmouth College and the author of several books including Clashing Over Commerce and Against the Tide: An Intellectual History of Free Trade.Want to explore more?Douglas Irwin, International Trade Agreements, in the Concise Encyclopedia of EconomicsSamuel Gregg on National Security and Industrial Policy, a Great Antidote podcast.Why Industrial Policy is (Almost) Always a Bad Idea (with Scott Sumner), an EconTalk podcast.Colin Grabow on the Jones Act 2: Treason and Cruises, a Great Antidote podcast.Jon Murphy, Does National Security Justify Tariffs? at Econlib Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.

Jon Hartley and Douglas Irwin discuss Doug's career, the history of US trade policy, tariffs, globalization, the consumer and labor market effects of trade, the World Trade Organization, and industrial policy. Recorded on January 9, 2025. ABOUT THE SPEAKERS: Douglas Irwin is John French Professor of Economics at Dartmouth College. He is the author of Clashing over Commerce: A History of U.S. Trade Policy (University of Chicago Press, 2017), which The Economist and Foreign Affairs selected as one of their Best Books of the Year. He is president-elect of the Economic History Association (2022-23). He is the author of Free Trade Under Fire (Princeton University Press, fifth edition 2020), Trade Policy Disaster: Lessons from the 1930s (MIT Press, 2012), Peddling Protectionism: Smoot-Hawley and the Great Depression (Princeton University Press, 2011), The Genesis of the GATT (Cambridge University Press, 2008, co-authored with Petros Mavroidis and Alan Sykes), Against the Tide:  An Intellectual History of Free Trade (Princeton University Press, 1996), and many articles on trade policy and economic history in books and professional journals. He is a Research Associate of the National Bureau of Economic Research and a non-resident Senior Fellow at the Peterson Institute for International Economics. He worked on trade policy issues while on the staff of President Ronald Reagan's Council of Economic Advisers and later worked in the International Finance Division at the Board of Governors of the Federal Reserve System in Washington, D.C. Before joining Dartmouth, Irwin taught at the University of Chicago's Booth School of Business. Follow Douglas Irwin on X: @D_A_Irwin Jon Hartley is the host of the Capitalism and Freedom in the 21st Century Podcast at the Hoover Institution and an economics PhD Candidate at Stanford University, where he specializes in finance, labor economics, and macroeconomics. He is also currently an Affiliated Scholar at the Mercatus Center, a Senior Fellow at the Foundation for Research on Equal Opportunity (FREOPP), and a Senior Fellow at the Macdonald-Laurier Institute. Jon is also a member of the Canadian Group of Economists, and serves as chair of the Economic Club of Miami. Jon has previously worked at Goldman Sachs Asset Management as well as in various policy roles at the World Bank, IMF, Committee on Capital Markets Regulation, US Congress Joint Economic Committee, the Federal Reserve Bank of New York, the Federal Reserve Bank of Chicago, and the Bank of Canada.  Jon has also been a regular economics contributor for National Review Online, Forbes, and The Huffington Post and has contributed to The Wall Street Journal, The New York Times, USA Today, Globe and Mail, National Post, and Toronto Star among other outlets. Jon has also appeared on CNBC, Fox Business, Fox News, Bloomberg, and NBC, and was named to the 2017 Forbes 30 Under 30 Law & Policy list, the 2017 Wharton 40 Under 40 list, and was previously a World Economic Forum Global Shaper. ABOUT THE SERIES: Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational licensing, education vouchers, income share agreements, the distribution of income, and negative income taxes, among many other topics. For more information, visit: capitalismandfreedom.substack.com/

The trade economist details the most alarming protectionist policies proposed by the incoming Trump administration.

Nancy Jacklin and her guest for this episode, Douglas Irwin, discuss key concepts related to international trade, such as free trade agreements, subsidies, and the challenges associated with international trade. Douglas Irwin is a professor of economics at Dartmouth College and an expert on the economics of international trade. He previously worked for the Council of Economic Advisors and the Federal Reserve Board. The fifth edition of his book Free Trade Under Fire was published in 2020.

We're taking one out of the archives! Douglas Irwin is a Dartmouth professor and the author of Clashing Over Commerce: A History of US Trade Policy. On this episode, Irwin provides an overview to the history of U.S. trade policy from the 18th century to the modern day, highlighting significant legislation as well as the formation of important intergovernmental organizations that have sprung up along the way. Outro Music: Janis Joplin, Mercedes Benz 19:53: On the flawed logic behind the Tariff Act of 1930, and the parallels with similarly problematic thinking in the modern day: “There's absolutely a parallel there because some Democrats in Congress said, ‘You know, we ought to really think about this carefully, and not just our domestic interest but also our export interests, and other countries might retaliate.' And basically, the reaction of most members of Congress was, Republicans at the time, ‘No, we don't have to worry about that. This is a domestic piece of legislation, it doesn't really concern other countries. They're not going to retaliate.' And, of course, they did.” 39:40: Doug discusses the tips and tricks behind one example of “tariff engineering”: “The tariffs applied to motorcycles with piston displacements of 700cc and above. What Honda started doing is producing a 699cc version. Now the difference [between the two] is imperceptible, but just by changing that one cubic centimeter, it changed the whole tariff treatment and you avoided a 45 percent tariff and were assessed at a much, much lower rate.” Learn more about your ad choices. Visit megaphone.fm/adchoices

We're taking one out of the archives! Douglas Irwin is a Dartmouth professor and the author of Clashing Over Commerce: A History of US Trade Policy. On this episode, Irwin provides an overview to the history of U.S. trade policy from the 18th century to the modern day, highlighting significant legislation as well as the formation of important intergovernmental organizations that have sprung up along the way. Outro Music: Janis Joplin, Mercedes Benz 19:53: On the flawed logic behind the Tariff Act of 1930, and the parallels with similarly problematic thinking in the modern day: “There's absolutely a parallel there because some Democrats in Congress said, ‘You know, we ought to really think about this carefully, and not just our domestic interest but also our export interests, and other countries might retaliate.' And basically, the reaction of most members of Congress was, Republicans at the time, ‘No, we don't have to worry about that. This is a domestic piece of legislation, it doesn't really concern other countries. They're not going to retaliate.' And, of course, they did.” 39:40: Doug discusses the tips and tricks behind one example of “tariff engineering”: “The tariffs applied to motorcycles with piston displacements of 700cc and above. What Honda started doing is producing a 699cc version. Now the difference [between the two] is imperceptible, but just by changing that one cubic centimeter, it changed the whole tariff treatment and you avoided a 45 percent tariff and were assessed at a much, much lower rate.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Economics might study trade, commerce, and financial markets, but the discipline explores human interaction as much as any other subject. The idea of free trade, especially the idea espoused by Richard Cobden, intersected with the millennial pursuit of peace like two halves of the same walnut. Marc William Palen joins the show to explain the legacy of Cobden and others in the global story of free trade and pacifism. Essential Reading:Marc William Palen, Pax Economica: Left Wing Visions of a Free Trade World (2024).Recommended Reading:Johanna Bockman, Markets in the Name of Socialism: The Left-Wing Origins of Neoliberalism (2011).Eric Helleiner, The Neomercantilists: A Global Intellectual History (2021).Douglas Irwin, Against the Tide: An Intellectual History of Free Trade (1998).Quinn Slobodian, Globalists: The End of Empire and the Birth of Neoliberalism (2018).Thomas Zeiler, Capitalist Peace: A History of American Free-Trade Internationalism (2022). Hosted on Acast. See acast.com/privacy for more information.

This is our 100th episode and I want to thank our listeners, the guests who have been exceptionally generous with their time and insights, the fantastic team at Mercatus that helps me produce and disseminate the podcast, and to all our donors and supporters. Today my guest is Douglas Irwin, who is the John French Professor of Economics at Dartmouth College. He is the author of dozens of books and papers, most recently, Clashing over Commerce, which is a magisterial history of US trade policy. We spoke about India's liberalization moment in 1991, the five phases of globalization, British repeal of Corn laws, premature deindustrialization, the relevance of the WTO, absolute versus comparative advantage, the future Argentina, and much more.  Recorded January 23rd, 2024. Read a full transcript enhanced with helpful links. Follow us on X Follow Shruti on X Follow Doug on X Click here for the latest Ideas of India episodes sent straight to your inbox.

In this episode, Ben and Sachin interview Douglas Irwin, the John French Professor of Economics at Dartmouth College, about observations from his recent travel to Argentina including their macroeconomic policy, economic history, and political transformation. 

Douglas Irwin, a professor at Dartmouth College and expert in the history of trade policy, talks with host David Dollar about some of the key events in trade liberalization in developing countries. From Taiwan to South Korea, and from Vietnam to some countries in Latin America and Africa, Irwin shares insights on how certain developing countries shifted to an export-strategy in the decades following World War II and began to integrate into the global economy. Show notes and transcript: https://brook.gs/3xfHI3s  Dollar & Sense is part of the Brookings Podcast Network. Send feedback to podcasts@brookings.edu, and follow us on Twitter at @policypodcasts.

Colin Grabow is a policy analyst at the Cato Institute's Center for Trade Policy Studies, and he joins Macro Musings to talk about US trade policies, the Jones Act, and the consequences of this harmful maritime statute. Specifically, David and Colin also discuss the counterfactual world of TPP, the future of international trade, and how to fix the myriad of problems caused by the Jones Act.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Colin's Twitter: @cpgrabow Colin's Cato Institute profile: https://www.cato.org/people/colin-grabow   Related Links:   Cato's Project on Jones Act Reform: https://www.cato.org/project-jones-act-reform   *The Jones Act: A Burden America Can No Longer Bear* by Colin Grabow, Inu Manak, and Daniel Ikenson https://www.cato.org/publications/policy-analysis/jones-act-burden-america-can-no-longer-bear   *Rust Buckets: How the Jones Act Undermines U.S. Shipbuilding and National Security* by Colin Grabow https://www.cato.org/policy-analysis/rust-buckets-how-jones-act-undermines-us-shipbuilding-national-security   *The Progressive Case for Jones Act Reform* by Colin Grabow https://www.cato.org/study/progressive-case-jones-act-reform#:~:text=The%20Jones%20Act%20is%20unwise,repeal%2C%20of%20this%20odious%20law   *Candy-Coated Cartel: Time to Kill the U.S. Sugar Program* by Colin Grabow https://www.cato.org/policy-analysis/candy-coated-cartel-time-kill-us-sugar-program   *5 Years Later and the United States is Still Paying for Its TPP Blunder* by Colin Grabow https://www.cato.org/blog/5-years-later-united-states-still-paying-tpp-blunder   *The Cato Trade Team's 2022 Policy Wish List* by Scott Lincicome, Inu Manak, Gabriella Beaumont-Smith & Colin Grabow https://www.cato.org/blog/cato-trade-teams-2022-policy-wish-list   *For Inflation Relief, the United States Should Look to Trade Liberalization* by Gary Clyde Hufbauer, Megan Hogan, & Yilin Wang https://www.piie.com/publications/policy-briefs/inflation-relief-united-states-should-look-trade-liberalization#:~:text=For%20inflation%20relief%2C%20the%20United%20States%20should%20look%20to%20trade%20liberalization,-Gary%20Clyde%20Hufbauer&text=With%20US%20inflation%20running%20at,calls%20anticompetitive%20behavior%20by%20corporations   *Biden's Frozen Trade Policy* by Anne Krueger https://www.project-syndicate.org/commentary/trump-trade-policy-frozen-in-place-under-biden-by-anne-o-krueger-2022-02?barrier=accesspaylog   *Clashing over Commerce: A History of US Trade Policy* by Douglas Irwin https://press.uchicago.edu/ucp/books/book/chicago/C/bo24475328.html   David's Twitter: @DavidBeckworth David's blog: http://macromarketmusings.blogspot.com/

We chatted beer with Douglas Irwin of Island City Brewing in Winona, Minnesota. We talk about beginnings, the process of brewing and creating new beers, covid and the business, and what's coming up for Island City Brewing. http://islandcitybrew.comYou can find more conversations, food reviews, live music and events on our website https://lacrosselocal.com.This podcast is sponsored by Balancing Act: Teach Coach Mentor Inspire https://amzn.to/3qVqzIM

In this episode, economists Don Boudreaux, Steve Davies, Douglas Irwin, and Arvind Panagariya reflect on the legacy of Britain's Corn Laws 175 years after their repeal on June 25, 1846. They discuss the effects of the Corn Laws, the circumstances leading to the laws' repeal, the ensuing rise of free trade both in Britain and globally, and much more. Boudreaux is a professor of economics at George Mason University. Davies is the head of education at the Institute of Economic Affairs in London. Douglas is the John French Professor of Economics at Dartmouth College. Panagariya is a professor of economics and the Jagdish N. Bhagwati Professor of Indian Political Economy at Columbia University.Resources:The Wealth Explosion: The Nature and Origins of Modernity by Steve DaviesClashing Over Commerce by Doug IrwinFree Trade and Prosperity by Arvind PanagariyaFor more helpful links and resources from this conversation, please visit DiscourseMagazine.com.

Daniel Griswold is a senior affiliated scholar at the Mercatus Center and a nationally recognized expert on trade and immigration policy. Dan is also a returning guest is to the podcast, and joins Macro Musings to talk about immigration policy and the outlook for trade policy with the new Biden Administration. Specifically, David and Dan discuss the major demographic decline in the US, and how greater levels of immigration and can solve many of America’s economic concerns.    Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Dan’s Twitter: @danielgriswold Dan’s Mercatus profile: https://www.mercatus.org/scholars/daniel-griswold   Related Links:   *More Immigration Needed to Offset COVID-19 and America’s Demographic Decline* by Daniel Griswold https://www.mercatus.org/publications/trade-and-immigration/more-immigration-needed-offset-covid-19-and-america%E2%80%99s-demographic   *Half a Million Fewer Children? The Coming COVID Baby Bust* by Melissa Kearney and Phillip Levine https://www.brookings.edu/research/half-a-million-fewer-children-the-coming-covid-baby-bust/   *World Population Prospects 2019: Highlights* by the Department of Economic and Social Affairs, Population Division at the United Nations https://population.un.org/wpp/Publications/Files/WPP2019_Highlights.pdf   *The Next Hundred Million: America in 2050* by Joel Kotkin https://www.penguinrandomhouse.ca/books/298866/the-next-hundred-million-by-joel-kotkin/9781101195703   *Fertility, Mortality, Migration, and Population Scenarios for 195 Countries and Territories from 2017 to 2100: A Forecasting Analysis for the Global Burden of Disease Study* by Stein Emil Vollset et al. https://www.thelancet.com/article/S0140-6736(20)30677-2/fulltext   *Clashing over Commerce: A History of US Trade Policy* by Douglas Irwin https://press.uchicago.edu/ucp/books/book/chicago/C/bo24475328.html   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

E018: Most global trade in goods moves by sea—but what makes that possible? U.S. Navy Admiral (Ret.) James Stavridis walks through the global network of naval forces that supports international trade and discusses the linkages between this system and national security, power and prosperity. He also discusses his experience building an anti-piracy maritime coalition that included Russia, China, and Iran when he served as NATO Supreme Allied Commander—and what lessons that may offer today as Russia and China build up their naval forces at a time of increased trade tensions. Show Notes: What Admiral Stavridis has been reading: Pedaling Protectionism: Smoot-Hawley and the Great Depression by Douglas Irwin

Scott Lincicome is a senior fellow in Economic Studies at Cato Institute where he writes on international and domestic economic issues, including international trade, industrial policy and manufacturing and global supply chains. Scott joins David on Macro Musings to discuss what we've learned so far about the so-called China shock and where we are today in the trade war. Specifically, David and Scott discuss the historical rise of Chinese exports, its impact on US labor markets, how certain policies make it harder for US workers to adjust, and whether the Trump administration marks a genuine regime shift in international trade.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Scott’s Twitter: @scottlincicome Scott’s Cato Institute profile: https://www.cato.org/people/scott-lincicome   Related Links:   *Testing the ‘China Shock’: Was Normalizing Trade with China a Mistake?”*by Scott Lincicome https://www.cato.org/publications/policy-analysis/testing-china-shock-was-normalizing-trade-china-mistake#:~:text=However%2C%20champions%20of%20the%20emerging,with%20China%20for%20particular%20scorn.&text=It%20finds%20that%20PNTR%20and,that%20PNTR%20critics%20now%20repeat.   *Clashing over Commerce* by Douglas Irwin https://press.uchicago.edu/ucp/books/book/chicago/C/bo24475328.html   *Audaciously Hopeful: How President Obama Can Help Restore the Pro‐​Trade Consensus* by Dan Ikenson and Scott Lincicome https://www.cato.org/publications/trade-policy-analysis/audaciously-hopeful-how-president-obama-can-help-restore-protrade-consensus   *The 'China Shock', Exports and U.S. Employment: A Global Input-Output Analysis* by Robert Feenstra and Akira Sasahara https://www.nber.org/papers/w24022   David’s Twitter: @DavidBeckworth David’s blog: http://macromarketmusings.blogspot.com/

Should we reevaluate global supply chains in the wake of the COVID-19 pandemic? Does a more hawkish trade policy toward China now make more sense? Today’s guest — Douglas Irwin — explores these questions and many more. Douglas is the John French Professor of Economics at Dartmouth College. He is the author of both “Clashing […]Join the conversation and comment on this podcast episode: https://ricochet.com/podcast/political-economy-james-pethokoukis/douglas-irwin-the-post-covid-future-of-international-trade/.Now become a Ricochet member for only $5.00 a month! Join and see what you’ve been missing: https://ricochet.com/membership/.Subscribe to Political Economy with James Pethokoukis in Apple Podcasts (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in Apple Podcasts or by RSS feed.

Douglas Irwin explores how the pandemic has affected the international trade landscape — with China and the world more broadly. He also discusses the USMCA and the 'Phase One' deal with China. The post https://www.aei.org/multimedia/douglas-irwin-the-post-covid-future-of-international-trade/ (Douglas Irwin: The post-COVID future of international trade) appeared first on https://www.aei.org (American Enterprise Institute - AEI).

Recorded on April 15, 2020 Douglas Irwin is the John French Professor of Economics at Dartmouth College. He is the author of a number of books, including the definitive history of American trade policy, Clashing over Commerce. In this sheltering at home edition of Uncommon Knowledge, we delve deep into the issues around the Trump administration’s imposition of huge tariffs on goods from China and elsewhere, and the impact of a health crisis that has businesses across the country re-examining their investments abroad. Also, what’s the right way to think about international trade? Is free trade still the best policy? We get deep into the weeds of the issues around imports and exports with Professor Irwin.

Dhruv Uppal '22 and Madeline Gochee '23 discuss free trade, the USMCA, and US-UK trade with John French Professor of Economics, Douglas Irwin.

Douglas Irwin is the John French Professor of Economics at Dartmouth College and the author of Clashing Over Commerce: A History of US Trade Policy. On this episode, Irwin provides an overview to the history of U.S. trade policy from the 18th century to the modern day, highlighting significant legislation as well as the formation of important intergovernmental organizations that have sprung up along the way. 19:53: On the flawed logic behind the Tariff Act of 1930, and the parallels with similarly problematic thinking in the modern day: “There's absolutely a parallel there because some Democrats in Congress said, ‘You know, we ought to really think about this carefully, and not just our domestic interest but also our export interests, and other countries might retaliate.' And basically, the reaction of most members of Congress was, Republicans at the time, ‘No, we don't have to worry about that. This is a domestic piece of legislation, it doesn't really concern other countries. They're not going to retaliate.' And, of course, they did.” 39:40: Doug discusses the tips and tricks behind one example of “tariff engineering”: “The tariffs applied to motorcycles with piston displacements of 700cc and above. What Honda started doing is producing a 699cc version. Now the difference [between the two] is imperceptible, but just by changing that one cubic centimeter, it changed the whole tariff treatment and you avoided a 45 percent tariff and were assessed at a much, much lower rate.” Jordan will be hosting his first-ever live recording of ChinaEconTalk at the Carnegie Endowment in Washington, D.C., at 6:00 p.m. on Thursday, September 19. Be sure to drop by Mission Dupont afterward for dinner or drinks! Get bonus content on Patreon See acast.com/privacy for privacy and opt-out information.

Douglas Irwin is the John French Professor of Economics at Dartmouth College and the author of Clashing Over Commerce: A History of US Trade Policy. On this episode, Irwin provides an overview to the history of U.S. trade policy from the 18th century to the modern day, highlighting significant legislation as well as the formation of important intergovernmental organizations that have sprung up along the way. 19:53: On the flawed logic behind the Tariff Act of 1930, and the parallels with similarly problematic thinking in the modern day: “There’s absolutely a parallel there because some Democrats in Congress said, ‘You know, we ought to really think about this carefully, and not just our domestic interest but also our export interests, and other countries might retaliate.’ And basically, the reaction of most members of Congress was, Republicans at the time, ‘No, we don’t have to worry about that. This is a domestic piece of legislation, it doesn’t really concern other countries. They’re not going to retaliate.’ And, of course, they did.” 39:40: Doug discusses the tips and tricks behind one example of “tariff engineering”: “The tariffs applied to motorcycles with piston displacements of 700cc and above. What Honda started doing is producing a 699cc version. Now the difference [between the two] is imperceptible, but just by changing that one cubic centimeter, it changed the whole tariff treatment and you avoided a 45 percent tariff and were assessed at a much, much lower rate.” Jordan will be hosting his first-ever live recording of ChinaEconTalk at the Carnegie Endowment in Washington, D.C., at 6:00 p.m. on Thursday, September 19. Be sure to drop by Mission Dupont afterward for dinner or drinks!

Scholars of US history have treated trade policy in less than enthusiastic ways. One economic historian described tariffs as “extraordinarily uninteresting things unless related to the political events which give them meaning.” While another historian said the tariff has caused “narcolepsy” among his colleagues. One piece of evidence of this sentiment is that the last comprehensive history of of US trade policy was published in the the late 19th century! Despite the seemingly soporific qualities of the subject, Douglas Irwin wrote a 900-page tome on trade policy. The book, Clashing over Commerce: A History of US Trade Policy (University of Chicago Press, 2019) is remarkably erudite and surprisingly entertaining. Irwin shows how trade policy was at the heart of so many of the major crises and transitions in US history, everything from the Revolution of 1776 to the post-Cold War moment. Indeed, Irwin fashions a focus on tariffs into a new history of the republic itself. Douglas Irwin is the John French Professor of Economics at Dartmouth and a Research Associate at the National Bureau of Economic Research. Dexter Fergie is a PhD student of US and global history at Northwestern University. He is currently researching the 20th century geopolitical history of information and communications networks. He can be reached by email at dexter.fergie@u.northwestern.edu or on Twitter @DexterFergie. Learn more about your ad choices. Visit megaphone.fm/adchoices

Scholars of US history have treated trade policy in less than enthusiastic ways. One economic historian described tariffs as “extraordinarily uninteresting things unless related to the political events which give them meaning.” While another historian said the tariff has caused “narcolepsy” among his colleagues. One piece of evidence of this sentiment is that the last comprehensive history of of US trade policy was published in the the late 19th century! Despite the seemingly soporific qualities of the subject, Douglas Irwin wrote a 900-page tome on trade policy. The book, Clashing over Commerce: A History of US Trade Policy (University of Chicago Press, 2019) is remarkably erudite and surprisingly entertaining. Irwin shows how trade policy was at the heart of so many of the major crises and transitions in US history, everything from the Revolution of 1776 to the post-Cold War moment. Indeed, Irwin fashions a focus on tariffs into a new history of the republic itself. Douglas Irwin is the John French Professor of Economics at Dartmouth and a Research Associate at the National Bureau of Economic Research. Dexter Fergie is a PhD student of US and global history at Northwestern University. He is currently researching the 20th century geopolitical history of information and communications networks. He can be reached by email at dexter.fergie@u.northwestern.edu or on Twitter @DexterFergie. Learn more about your ad choices. Visit megaphone.fm/adchoices

Scholars of US history have treated trade policy in less than enthusiastic ways. One economic historian described tariffs as “extraordinarily uninteresting things unless related to the political events which give them meaning.” While another historian said the tariff has caused “narcolepsy” among his colleagues. One piece of evidence of this sentiment is that the last comprehensive history of of US trade policy was published in the the late 19th century! Despite the seemingly soporific qualities of the subject, Douglas Irwin wrote a 900-page tome on trade policy. The book, Clashing over Commerce: A History of US Trade Policy (University of Chicago Press, 2019) is remarkably erudite and surprisingly entertaining. Irwin shows how trade policy was at the heart of so many of the major crises and transitions in US history, everything from the Revolution of 1776 to the post-Cold War moment. Indeed, Irwin fashions a focus on tariffs into a new history of the republic itself. Douglas Irwin is the John French Professor of Economics at Dartmouth and a Research Associate at the National Bureau of Economic Research. Dexter Fergie is a PhD student of US and global history at Northwestern University. He is currently researching the 20th century geopolitical history of information and communications networks. He can be reached by email at dexter.fergie@u.northwestern.edu or on Twitter @DexterFergie. Learn more about your ad choices. Visit megaphone.fm/adchoices

Scholars of US history have treated trade policy in less than enthusiastic ways. One economic historian described tariffs as “extraordinarily uninteresting things unless related to the political events which give them meaning.” While another historian said the tariff has caused “narcolepsy” among his colleagues. One piece of evidence of this sentiment is that the last comprehensive history of of US trade policy was published in the the late 19th century! Despite the seemingly soporific qualities of the subject, Douglas Irwin wrote a 900-page tome on trade policy. The book, Clashing over Commerce: A History of US Trade Policy (University of Chicago Press, 2019) is remarkably erudite and surprisingly entertaining. Irwin shows how trade policy was at the heart of so many of the major crises and transitions in US history, everything from the Revolution of 1776 to the post-Cold War moment. Indeed, Irwin fashions a focus on tariffs into a new history of the republic itself. Douglas Irwin is the John French Professor of Economics at Dartmouth and a Research Associate at the National Bureau of Economic Research. Dexter Fergie is a PhD student of US and global history at Northwestern University. He is currently researching the 20th century geopolitical history of information and communications networks. He can be reached by email at dexter.fergie@u.northwestern.edu or on Twitter @DexterFergie. Learn more about your ad choices. Visit megaphone.fm/adchoices

Joe Gagnon is a senior fellow at the Peterson Institute for International Economics where he has been since September 2009. Previously, Joe worked for the Federal Reserve Board of Governors as a senior economist and the associate director of both the Division of International Finance and the Division of Monetary Affairs, and he has also served at the US Treasury Department.  Joe is a returning guest to Macro Musings and joins the show today to talk about the growing interest among U.S. politicians in managing the currency to help facilitate trade imbalances. David and Joe also discuss the policy implications of trade imbalances, the new Libra currency, and how to us countervailing currency intervention to combat currency manipulation.   Transcript for the episode: https://www.mercatus.org/bridge/podcasts/07152019/currency-manipulation-trade-imbalances-and-libra   Joe’s Twitter: @GagnonMacro Joe’s PIIE profile: https://www.piie.com/experts/senior-research-staff/joseph-e-gagnon?author_id=653   Related Links:   *Currency Conflict and Trade Policy: A New Strategy for the United States* by Joe Gagnon and Fred Bergsten https://www.piie.com/bookstore/currency-conflict-and-trade-policy-new-strategy-united-states   *The Financial Market Effects of the Federal Reserve’s Large-Scale Asset Purchases* by Joe Gagnon, Matthew Raskin, Julie Remache, and Brian Sack https://www.ijcb.org/journal/ijcb11q1a1.htm   *A Plan for Economic Patriotism* proposal by Elizabeth Warren https://medium.com/@teamwarren/a-plan-for-economic-patriotism-13b879f4cfc7   *Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?* by Ethan Ilzetzki, Carmen Reinhart, and Kenneth Rogoff* https://www.nber.org/papers/w23134   *Did France Cause the Great Depression* by Douglas Irwin https://www.nber.org/papers/w16350   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

Douglas Irwin, author of "Clashing Over Commerce: A History of US Trade Policy," joins me to discuss the ongoing trade war, lessons from American economic history, and much more. The post https://www.aei.org/multimedia/ep-110-clashing-over-commerce-then-and-now/ (Ep. 110: Clashing over commerce, then and now) appeared first on https://www.aei.org (American Enterprise Institute - AEI).

What will be the impact of President Trump’s tariffs on iron and steel imports from Canada, Mexico and the EU – as well as the existing impost on goods from China. Phil Dobbie talks to Douglas Irwin, Professor of Economics at Dartmouth College in Hanover, New Hampshire, author of Clashing over Commerce: A History of U.S. Trade Policy, and numerous other books on international trade and protectionism.

Dan Tannebaum, PwC Global Sanctions Leader, says there needs to be a unilateral approach to dealing with Russia. Tony Dwyer, Canaccord Genuity Equity Strategist & Managing Director of U.S. Portfolio Strategy, notes twin deficits do not matter until the yield curve inverts. Douglas Irwin, Dartmouth College Professor of Economics, says trade deficits cannot be fought with protectionist measures.Margaret Brennan, CBS's "Face the Nation" Host, says there are real problems with vacancies at the State Department.  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Dan Tannebaum, PwC Global Sanctions Leader, says there needs to be a unilateral approach to dealing with Russia. Tony Dwyer, Canaccord Genuity Equity Strategist & Managing Director of U.S. Portfolio Strategy, notes twin deficits do not matter until the yield curve inverts. Douglas Irwin, Dartmouth College Professor of Economics, says trade deficits cannot be fought with protectionist measures.Margaret Brennan, CBS's "Face the Nation" Host, says there are real problems with vacancies at the State Department. 

Tyler thinks Douglas Irwin has just released the best history of American trade policy ever written. So for this conversation Tyler went easy on Doug, asking softball questions like: Have tariffs ever driven growth? What trade exceptions should there be for national security, or cultural reasons? In an era of low tariffs, what margins matter most for trade liberalization? Do investor arbitration panels override national sovereignty? And, what’s the connection between free trade and world peace? They also discuss the revolution as America’s Brexit, why NAFTA is an ‘effing great’ trade agreement, Jagdish Bhagwati’s key influence on Doug, the protectionist bent of the Boston Tea Party, the future of the WTO, Trump, China, the Chicago School, and what’s rotten in the state of New Hampshire. Transcript and links Follow Doug on Twitter Follow Tyler on Twitter More CWT goodness: Facebook Twitter Instagram Email

Douglas Irwin is a professor of economics at Dartmouth College and a leading expert on trade economics. Today, he joins the show to discuss his new book, *Clashing over Commerce: A History of US Trade Policy,* which examines the history of American trade policy from the late 1700s to the present. Doug explains how US attitudes toward trade evolved over time and how free trade became the postwar consensus. Specifically, Doug argues that the history of US trade policy has been guided by the “three R’s: revenue, restriction, and reciprocity.” Finally, David and Doug discuss some of Doug’s work on the gold standard and the Great Depression. David’s blog: macromarketmusings.blogspot.com/ Macro Musings podcast site: macromusings.com David’s Twitter: @DavidBeckworth Douglas Irwin’s homepage: www.dartmouth.edu/~dirwin/ Douglas Irwin’s Twitter: @D_A_Irwin Related links: *Clashing over Commerce: A History of US Trade Policy* by Douglas A. Irwin http://press.uchicago.edu/ucp/books/book/chicago/C/bo24475328.html “Steve Bannon’s Bad History” by Douglas A. Irwin https://www.wsj.com/articles/steve-bannons-bad-history-1505861920 The Truth About Trade: What Critics Get Wrong About the Global Economy” (Foreign Affairs) by Douglas A. Irwin www.foreignaffairs.com/articles/2016…h-about-trade *Free Trade Under Fire (Princeton University Press, fourth edition 2015)* by Douglas A. Irwin www.amazon.com/Free-Trade-under-…rth/dp/0691166250

Bloomberg's Margaret Talev speaks about the Oval Office interview she and colleague Jennifer Jacobs conducted with President Trump, in which he reiterated expectations for 3 percent GDP growth and said he's considering breaking up big banks. Prior to that, Howard Ward, CIO of growth equities for Gabelli Funds, says Apple is defying skeptics with its pricing power. Citadel CEO Ken Griffin says money's coming out of active management and is heading toward passive structures. Dartmouth professor Douglas Irwin discusses Trump's trade policy. Finally, UBS' Julian Emanuel says low volatility can seduce investors into taking on more risk, but they need to remain disciplined at this point. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg's Margaret Talev speaks about the Oval Office interview she and colleague Jennifer Jacobs conducted with President Trump, in which he reiterated expectations for 3 percent GDP growth and said he's considering breaking up big banks. Prior to that, Howard Ward, CIO of growth equities for Gabelli Funds, says Apple is defying skeptics with its pricing power. Citadel CEO Ken Griffin says money's coming out of active management and is heading toward passive structures. Dartmouth professor Douglas Irwin discusses Trump's trade policy. Finally, UBS' Julian Emanuel says low volatility can seduce investors into taking on more risk, but they need to remain disciplined at this point.

Who benefits from free trade and who doesn’t? The realities don’t always match people’s perceptions. In this podcast, economist and free trade expert Douglas Irwin addresses some of the controversies. Irwin participated in a seminar entitled Making Trade an Engine of Growth for All at this year’s IMF/World Bank Annual Meetings. Contributors: Douglas Irwin, John Sloan Dickey Third Century Professor in Social Sciences in the Department of Economics at Dartmouth College

Douglas Irwin, professor of economics at Dartmouth College and author of Free Trade Under Fire (Princeton University Press, 2015), joins the show to discuss the economic arguments for free trade and the reasons for the heated politics surrounding trade. He describes the history of U.S. trade policy from the Embargo Act of 1808 to the Smoot-Hawley Tariff of 1930 to the North American Free Trade Agreement (NAFTA). Finally, he and David discuss the role of the inter-war gold standard during the Great Depression. [To learn more about the upcoming conference, Monetary Rules for a Post-Crisis World, co-hosted by the Mercatus Center and the Cato Institute, and register, please click the link below. You can also watch the conference online by clicking the link.] http://mercatus.org/monetaryconference?utm_source=MacroMusingsPodcast&utm_medium=link&utm_campaign=MonetaryRules David’s blog: http://macromarketmusings.blogspot.com/ Douglas Irwin’s homepage: https://www.dartmouth.edu/~dirwin/ David’s Twitter: @davidbeckworth Douglas Irwin’s Twitter: @D_A_Irwin Related links: “The Truth About Trade: What Critics Get Wrong About the Global Economy” (Foreign Affairs) https://www.foreignaffairs.com/articles/2016-06-13/truth-about-trade Free Trade Under Fire (Princeton University Press, fourth edition 2015) https://www.amazon.com/Free-Trade-under-Fire-Fourth/dp/0691166250 “The Welfare Cost of Autarky: Evidence from the Jeffersonian Trade Embargo,” 1807-09. Review of International Economics. http://www.dartmouth.edu/~dirwin/docs/Embargo.pdf “Did France Cause the Great Depression?” (NBER Working Paper) http://www.nber.org/papers/w16350

On Wednesday, April 25, 2012, the Hayek Program hosted a panel discussion on Hayek Program Distinguished Senior Fellow Lawrence H. White’s book, ‘The Clash of Economic Ideas: The Great Policy Debates and Experiments of the Last Hundred Years.’ This book interweaves the economic history of the last hundred years with the history of economic doctrines to understand how contrasting economic ideas have originated and developed over time to take their present forms. The discussion was chaired by Hayek Program Director Peter Boettke and included comments by Douglas Irwin, Professor of Economics at Dartmouth College, and Perry Mehrling, Professor of Economics at Barnard College. Professor White begins the panel with a discussion of the main contributions of his book, which is followed by comments from Professor Irwin and Professor Mehrling, respectively. Professor White concludes with a response to his commenters.

Today on The Larry Kudlow Show, Larry talks with Congressman Kevin Brady (R-TX). Also on the show, Jonah Goldberg, Fellow at AEI and senior editor of National Review. Brian Kelly, author of "The Bitcoin Big Bang: How Alternative Currencies Are About To Change the World" and Michael Farr, author of "Restoring Our American Dream: The Best Investment." More great guests include Douglas Irwin, author of : "Free Trade Under Fire" and EJ McMahon, president of Empire Center for Public Policy. As always, the money/politics panel with Kellyanne Conway, James Pethokoukis, and Steve Moore. All this and much more on The Larry Kudlow Show!

Today on The Larry Kudlow Show, Larry talks with Congressman Kevin Brady (R-TX). Also on the show, Jonah Goldberg, Fellow at AEI and senior editor of National Review. Brian Kelly, author of "The Bitcoin Big Bang: How Alternative Currencies Are About To Change the World" and Michael Farr, author of "Restoring Our American Dream: The Best Investment." More great guests include Douglas Irwin, author of : "Free Trade Under Fire" and EJ McMahon, president of Empire Center for Public Policy. As always, the money/politics panel with Kellyanne Conway, James Pethokoukis, and Steve Moore. All this and much more on The Larry Kudlow Show!

Today on The Larry Kudlow Show, Larry talks with Congressman Kevin Brady (R-TX). Also on the show, Jonah Goldberg, Fellow at AEI and senior editor of National Review. Brian Kelly, author of "The Bitcoin Big Bang: How Alternative Currencies Are About To Change the World" and Michael Farr, author of "Restoring Our American Dream: The Best Investment." More great guests include Douglas Irwin, author of : "Free Trade Under Fire" and EJ McMahon, president of Empire Center for Public Policy. As always, the money/politics panel with Kellyanne Conway, James Pethokoukis, and Steve Moore. All this and much more on The Larry Kudlow Show!

Jeanne Hoffman interviews Douglas Irwin about his new book, Peddling Protectionism: Smoot-Hawley and the Great Depression.  Dr. Irwin is the Robert E. Maxwell Professor of Arts and Sciences in the Department of Economics at Dartmouth College.  He is a Research Associate of the National Bureau of Economic Research and has also served on the staff of the President's Council of Economic Advisers and the Board of Governors of the Federal Reserve System. 

Douglas Irwin of Dartmouth College talks with EconTalk host Russ Roberts about the role the gold standard played in the Great Depression. Irwin argues that France systematically accumulated large amounts of gold in the late 1920s and 1930s, imposing massive deflation on the rest of the world. Drawing on a recent paper of his, Irwin argues that France's role in worldwide deflation was greater than that of the United States and played a significant role in the economic contraction that followed.

Douglas Irwin of Dartmouth College talks with EconTalk host Russ Roberts about the role the gold standard played in the Great Depression. Irwin argues that France systematically accumulated large amounts of gold in the late 1920s and 1930s, imposing massive deflation on the rest of the world. Drawing on a recent paper of his, Irwin argues that France's role in worldwide deflation was greater than that of the United States and played a significant role in the economic contraction that followed.