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