Ep59 “Why Tariffs Are Not The Ultimate Trade Weapon” with Dani Rodrik

Ep59 “Why Tariffs Are Not The Ultimate Trade Weapon” with Dani Rodrik

With President Trump’s tariffs on Canada, Mexico, China, and other countries now in full swing, what consequences from an economic standpoint could the U.S. be facing? And what was the path that led us here?

Hosts and finance professors Jonathan Berk and Jules van Binsbergen put the tariffs question to economist and author Dani Rodrik. Rodrik is  the Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University, and the author of the book Straight Talk on Trade: Ideas for a Sane World Economy.

Beginning with the historical context and purpose of tariffs, the conversation covers how the political and social dissatisfaction with hyperglobalization opened the door for these extreme tariffs, whether or not they’re an effective tool in modern trade policy, and what alternative strategies exist to rebuild America’s middle class.

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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Ep23 “When Banking Fails” with Amit Seru

Ep23 “When Banking Fails” with Amit Seru

The FDIC and Federal Reserve have recently intervened to stop another banking crisis. In this episode of All Else Equal: Making Better Decisions, hosts and finance professors Jonathan Berk and Jules v...

24 Mars 202333min

Ep22 “How Do You Know If Your Marketing Dollars Are Working?” with Florian Zettelmeyer

Ep22 “How Do You Know If Your Marketing Dollars Are Working?” with Florian Zettelmeyer

Note: if you are hearing the wrong audio try redownloading the episode or listen here.What reach does marketing really have? In the murky waters of cause and effect marketers have to figure out where ...

15 Mars 202326min

Ep21 "Disentangling Causation and Correlation" with Guido Imbens

Ep21 "Disentangling Causation and Correlation" with Guido Imbens

It can be tempting to think one thing causes another because they happen in succession, but there’s a lot to unwrap in the idea of causality. In this episode of All Else Equal: Making Better Decisions...

1 Mars 202328min

Ep20 "Risk and the Fundamental Tradeoff of Corporate Finance"

Ep20 "Risk and the Fundamental Tradeoff of Corporate Finance"

Risk is an inherent part of all business decisions and understanding ways this risk can be reduced is essential to succeeding in today’s business environment. In this episode of All Else Equal: Making...

15 Feb 202320min

Ep19 “The Future of Money: Central Bank Digital Currency?” with Kevin Warsh

Ep19 “The Future of Money: Central Bank Digital Currency?” with Kevin Warsh

Cryptocurrency is increasing in popularity but still confusing to many consumers and finance professionals alike. On this episode of All Else Equal, finance professors Jules van Binsbergen and Jonatha...

1 Feb 202326min

Ep18 “Investigating Implausible Theories” with John Ioannidis

Ep18 “Investigating Implausible Theories” with John Ioannidis

In science, we often hear about new discoveries or theories that could change our way of thinking. In the business world, a start-up might promise a revolution in a specific industry, if it can get th...

18 Jan 202330min

Ep17 “Can The Free Market Discourage Fraud?” with Marc Cohodes

Ep17 “Can The Free Market Discourage Fraud?” with Marc Cohodes

There’s a negative connotation associated with short selling – the act of betting against a stock to perform well. But is this trading practice truly a bad thing? In this episode of All Else Equal: Ma...

7 Dec 202226min

Ep16 “The Value Of Protecting Unpleasant Speech” with John Paulson

Ep16 “The Value Of Protecting Unpleasant Speech” with John Paulson

Freedom of expression is a constitutional right, but it’s also a valuable business strategy. In this episode of All Else Equal: Making Better Decisions, hosts and finance professors Jonathan Berk and ...

16 Nov 202226min

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