Ep60 “A Trade Deficit? More Like a Capital Surplus” with John Cochrane

Ep60 “A Trade Deficit? More Like a Capital Surplus” with John Cochrane

What exactly is a trade deficit? And why are so many policymakers fixated on it? Lately, the trade deficit in the U.S. is taking the bulk of the blame for the economic situation we’re in and it’s one of the reasons the Trump administration is pushing for sweeping tariffs. But tariffs are likely not the answer, and a trade deficit might be better referred to as a capital surplus.

As a continuation of the tariffs discussion in the last episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by John Cochrane, an economist at Stanford University and the Hoover Institution.

The conversation covers how trade deficits actually work, their implications on global and domestic economies, and how current trade policies may impact economic growth, inflation, and international relations.

Find All Else Equal on the web:
https://lauder.wharton.upenn.edu/allelse/

All Else Equal: Making Better Decisions Podcast is a production of the UPenn Wharton Lauder Institute through University FM.


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Jaksot(109)

Ep79 How to Make Your University’s Board of Trustees More Useful

Ep79 How to Make Your University’s Board of Trustees More Useful

With mounting pressure on the higher education system in the U.S., how can a university’s board of trustees make a difference in combating some of the issues these institutions face? Hosts and financ...

23 Syys 34min

Rerun: Ep66 When (and When Not) To Listen to Investment Advice

Rerun: Ep66 When (and When Not) To Listen to Investment Advice

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.Solicited or not, advice...

9 Syys 27min

Rerun: Ep71 “The Working From Home Revolution” with Nick Bloom

Rerun: Ep71 “The Working From Home Revolution” with Nick Bloom

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon. When the pandemic hit i...

26 Elo 28min

Rerun: Ep73 “The Dangers of Group Think on Decision Making” with Adi Sunderam

Rerun: Ep73 “The Dangers of Group Think on Decision Making” with Adi Sunderam

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.  Whether it be in polit...

13 Elo 33min

Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 2

Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 2

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon. In the final part of th...

29 Heinä 24min

Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 1

Rerun: Ep69 “The Science Behind Why We Don’t Just Say What We Mean” with Psychologist Steven Pinker - Part 1

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.  Everyday, we participa...

15 Heinä 23min

Rerun: Ep68 “Is It Better to Overestimate or Underestimate Your Enemies?” with H.R. McMaster

Rerun: Ep68 “Is It Better to Overestimate or Underestimate Your Enemies?” with H.R. McMaster

All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.  Historically, the U.S....

1 Heinä 34min

Ep78 “What’s Wrong With Taxing Billionaires More?” with Joshua Rauh

Ep78 “What’s Wrong With Taxing Billionaires More?” with Joshua Rauh

A proposed constitutional amendment on the ballots in California this November will impose a one-time 5% wealth tax on billionaires. Proponents of the amendment say it will bring upwards of $100 billi...

18 Kesä 35min

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