Episode 9: Tariffs

Episode 9: Tariffs

Simon and Gary provide a primer on how to understand the current tariffs, discuss the history of free trade in the 20th century, and investigate what the effects of these new tariffs might be.

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Host bios:

Gary Gensler, former Chair of the Securities and Exchange Commission, is Professor of the Practice of Global Economics and Management, and Professor of the Practice of Finance, at MIT Sloan School of Management. His research focuses on artificial intelligence, finance, and economic policy. He previously served as Chairman of the Commodity Futures Trading Commission, Under Secretary of the Treasury for Domestic Finance, Assistant Secretary of the Treasury, Chair of the Maryland Financial Consumer Protection Commission, and Senior Advisor to Senator Paul Sarbanes. Earlier, Gensler was at Goldman Sachs for 18 years, where he became a partner.

Simon Johnson, a 2024 Nobel laureate in economics and former Chief Economist at the International Monetary Fund, is the Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan School of Management, head of its Global Economics and Management group, and Co-Director of MIT’s Stone Center for Inequality and Shaping the Future of Work. He co-chairs the CFA Institute Systemic Risk Council and is an AI Ambassador for the UK. Simon is the author of 13 Bankers, Jump-Starting America, and Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity.

Gary & Simon also co-edited, with Ugo Panizza and Beatrice Weder di Mauro, Economic Consequences of the Second Trump Administration.

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Episoder(34)

Episode 33: The IMF Annual Meetings - Why Should You Care?

Episode 33: The IMF Annual Meetings - Why Should You Care?

Gary and Simon discuss the IMF / World Bank October annual meetings, why they matter and the history of these multilateral organizations. What do the world’s leading central bankers, finance ministers...

12 Okt 39min

Episode 32: How Much Trouble is Europe In?

Episode 32: How Much Trouble is Europe In?

Gary and Simon explore the economic & political challenges facing Europe, tackling the impact of the Euro and the tensions arising from immigration and energy dependence. Why hasn't the EU's project t...

5 Okt 37min

Episode 31: Should We Slow AI Development? Can We?

Episode 31: Should We Slow AI Development? Can We?

Gary and Simon discuss whether we should slow the development of AI and can we slow its pace? They explore AI's capabilities, limitations, and characteristics which have led to growing real world risk...

28 Sep 40min

Episode 30: What Are We Getting With All These Data Centers?

Episode 30: What Are We Getting With All These Data Centers?

Gary and Simon dive into the important topic of the big data centers building boom, particularly for artificial intelligence. No building boom lasts forever. When the slowdown comes, what will be the ...

21 Sep 42min

Episode 29: What Happened to Japan?

Episode 29: What Happened to Japan?

Gary and Simon discuss Japan, examining its rise as a global economic powerhouse post-World War II, the valuation bubble that popped in 1990, and the policy mistakes contributing to the ‘lost three de...

14 Sep 45min

Episode 28: Does the Fed Have Inflation Under Control?

Episode 28: Does the Fed Have Inflation Under Control?

Gary and Simon discuss the complexities of inflation and the Federal Reserve's role in managing it. What effect do political pressures have on the Fed's decision-making process? How does inflation imp...

7 Sep 41min

Episode 27: When Will the Iran War End?

Episode 27: When Will the Iran War End?

Gary & Simon discuss the ongoing Iran war. When is it realistic for the conflict to end? What are the impacts on energy prices, inflation, the economy, and mid-term elections? Will tougher economic sa...

31 Aug 44min

Episode 26: What Is The Bond Market Saying?

Episode 26: What Is The Bond Market Saying?

Simon and Gary discuss the recent increase in long-term interest rates. How will this affect the federal government budget? Will mortgages, credit cards, and auto loans become more expensive? Is this ...

24 Aug 44min

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