Ep. 359 Crossover: Do Trump's Tariffs Make Economic Sense?

Adam Haman, an insightful economic thinker, joins to dissect the complex world of tariffs. They explore whether tariffs could replace income taxes and debate their role in national defense. The conversation highlights how tariffs affect consumers and producers through humor and engaging analogies. They also analyze price elasticity in various industries and question the necessity of protective tariffs, ultimately critiquing their broad application and advocating for a more nuanced trade policy.