In this engaging discussion, guests Jason Furman, a Harvard economics professor and former Obama advisor, and Mariana Mazzucato, an innovation economist from UCL, tackle the complexities of Trump's economic agenda. Alongside Stephen Moore, former Trump economic advisor, and Allison Schrager, Bloomberg columnist, they debate the effectiveness of tariffs in boosting American jobs versus potential inflation. Jeff Ferry, representing manufacturing interests, adds insights on domestic self-sufficiency. The episode dives deep into deregulation, its risks, and the balance needed for sustainable growth.
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insights INSIGHT
Tariffs Harm Broad Economy
Tariffs may help small groups temporarily but cause widespread economic harm over time.
They raise prices for consumers and reduce export jobs in long-term perspective.
insights INSIGHT
Tariffs Need Industrial Strategy
Tariffs without a broader industrial strategy are mercantilist and ineffective.
Smart tariffs should be targeted and paired with government investments to build competitiveness.
volunteer_activism ADVICE
Ensure Policy Stability
Avoid abrupt changes in trade policy to give businesses planning certainty.
Major policy changes should ideally go through Congress rather than executive order.
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An Economist Walks Into a Brothel and Other Unexpected Places to Understand Risk
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Stephen Moore
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The first 100 days of President Trump’s second term have come with a wide range of changes for the nation’s economy and global supply chains. Could these changes lead to a more prosperous America, or hardship for individuals and businesses? In partnership with Bloomberg, five renowned economists look at President Trump’s economic agenda during his first 100 days and discuss tariffs as a strategy, whether deregulation is good for growth, and whether the President's "medicine" means a recession.
Jason Furman, Former Chairman of the Council of Economic Advisers; Professor at Harvard University’s John F. Kennedy School of Government
Allison Schrager, Economist, Bloomberg Opinion Contributor & Senior Fellow at the Manhattan Institute
Stephen Moore, Former Senior Economic Advisor to President Trump; Senior Fellow at the Heritage Foundation; Co-founder of Unleash Prosperity
Mariana Mazzucato, Professor of Economics at University College London; Author of "Mission Economy"
Jeff Ferry, Chief Economist Emeritus at the Coalition for a Prosperous America; Previous Tech Executive
Mishal Husain, Editor-at-Large for Bloomberg Weekend, is the guest moderator.
Open to Debate 
