Bob Murphy Show cover image

Ep. 276 Even Milton Friedman Slipped in His Defense of Trade Deficits

Bob Murphy Show

00:00

The Pros and Cons of Josh Hawley

Sally Kohn: Josh Hawley said he would tear up China until we get the trade deficit to zero and bring home American jobs. Daniel D Martino says in response, you have it upside down, Senator. He's got deficit and quotation marks are actually a gain from trade,. Dependency on China specifically is another issue best addressed with more tradeblah, blah, blah, not with tariffs. And then he says Milton Friedman explained it best.Kohn: We're at a point now where even the people who understand the case for free trade don't understand it at expert level. And they end up saying false things. But I want to give Friedman his due and let him

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app