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Senior Fellow Judy Shelton, author of Good as Gold talks about President Trump's economic decisions on tariffs. She says the grand theme is the transition of the economy that is dependent on the government, to one that thrives on its own, delivering prosperity to Americans. A peace dividend could also come if the war in Ukraine is ended, she says.
Senior Fellow Phillip W. Magness is interviewed on RealClearPolitics on SiriusXM radio. Magness talks about the differences between tariffs and income taxes. He coauthored a recent Op-Ed in National Review “Don’t Substitute Tariffs for Income Taxes: You’ll Get Both.” He describes the tension in the Trump administration with goals from tariffs that are at odds. Magness calls it “Schrödinger’s Tariffs.”
Senior Fellow Judy Shelton, author of Good as Gold is interviewed on BBC radio. In the last months of 2024, the US economy grew at a lower pace than economists forecast. Judy Shelton says the effect of tariffs will be less important than the supply side agenda of the Trump administration. Inflation should go down if energy prices fall and businesses can expand with access to captal. International currency manipulation hurts US manufacturing and Trump intends to use tariffs as a negotiating tactic, she says .
Senior Fellow Judy Shelton, author of Good as Gold: How to Unleash the Power of Sound Money, discusses her economic outlook for Donald Trump’s second term. She says his main concern is to re-energize the private sector and boost economic liberty with lower taxes and less regulation. She adds a pro-growth agenda would be more powerful than any tariffs Trump might impose.
President-elect Donald Trump has threatened to impose tariffs on some goods imported to the US. Economists are not a fan of tariffs, says Whaples, who has surveyed economists on the subject. Customers end up paying for tariffs, especially for automobiles and parts, he says
Independent Institute Senior Fellow Judy Shelton, atuhor of Good as Gold: How to Unleash the Power of Sound Money, speaks on the importance of the selection of a new US Treasury Secretary. She also discusses how access to sound money for entrepreneurs will boost growth, lower interest rates, and curb inflation in the US economy.
Senior Fellow Abigail Hall, coauthor of How to Run Wars, is interviewed on WWTC Northern Alliance Radio. Abigail discusses a comprehensive plan that has been followed by the national security elite, who keep America's warmaking machine running. Her new satirical book provides historical and contemporary examples of how plans and executions of war have not produced the outcomes that were promised when entering military conflicts.
Economist and author Phil Magness debunks a recent New York Times piece and shoddy academic work about the rich and their taxes. Phil Magness—an economic historian, author, and the David J. Theroux Chair in Political Economy at the Independent Institute—says the work of Piketty and his circle of inequality-obsessed colleagues is deeply flawed and sometimes outright deceptive. He points out that billionaires do pay taxes...a lot of taxes. And the inequality literature is riddled with errors and bad statistics. Learn more on Reason.com