Oren Cass, an economist and author focused on restoring economic policies that strengthen families and communities, shares insights on the failures of postwar global economic strategies. He discusses how Trump's tariffs disrupt an outdated foreign policy that has hurt the U.S. economy. The conversation delves into the societal divide created by modern individualism, the importance of family values, and the historical context of trade as a tool for foreign policy. Cass emphasizes the need for a pragmatic approach in balancing rights and responsibilities in today's complex landscape.
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insights INSIGHT
Trade as Foreign Policy Tool
The postwar global economic order was designed more for foreign policy than for directly benefiting the U.S. economy.
Its main goal was preserving global stability, not maximizing America's economic growth.
insights INSIGHT
Conservatism’s Core Value
Conservatism emphasizes the well-being of families and communities over individual liberty alone.
The good life balances personal freedom with societal obligations and tradition preservation.
insights INSIGHT
Foundations of a Strong Society
A well-ordered society focuses on conditions for strong families, communities, and a cohesive national identity.
Institutions and culture must support the next generation's stability and success.
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Robert Lighthizer's "No Trade is Free" delves into the complexities of international trade, particularly focusing on the challenges faced by the United States. Lighthizer, a prominent figure in trade policy, argues for a more protectionist approach to safeguard American interests. The book examines historical trade agreements and their impact, emphasizing the need for a stronger negotiating stance. It critiques free trade agreements that have led to trade deficits and job losses in the US. Lighthizer's insights offer a critical perspective on global trade dynamics and the need for strategic trade policy.
Economics
The Remarkable Story of How the Economy Works
Ben Mathew
Free to choose
a personal statement
Rose D. Friedman
Milton Friedman
In this book, Milton and Rose Friedman argue that free-market principles are more effective than government intervention in achieving economic prosperity and personal freedom. They critique the explosion of laws, regulations, agencies, and spending in Washington, highlighting how these have eroded freedom and undermined affluence. The book provides examples of how free markets have succeeded in various historical contexts, such as Hong Kong and the United States before the Great Depression, and contrasts these with the failures of centralized planning in countries like India. The authors also propose remedies for various economic and social issues, including education, inflation, and consumer protection, advocating for a minimalist economic policy and greater personal freedom[1][2][5].
The point of the postwar global economic order was never to help the United States, says economist Oren Cass, and in the end it didn’t. Thankfully Trump just blew it up.
(00:00) Introduction
(01:20) What Really Is Conservatism?
(05:16) How Did America Lose Focus on Family Values?
(11:45) The Societal Problems Dividing Generations
(30:09) Are Trump’s Tariffs Working?
(46:12) Why Did They Try to Destroy Pat Buchanan?
(51:07) The Deep State’s Economic Model Was Really About Foreign Policy