Talkinā€™ (Policy) Shop: Balancing U.S. Trade

October 19, 2022 - Globalization
Apple Podcasts Spotify
Policy in Brief

On this episode of Policy in Brief, Oren Cass is joined by American Compass policy director Chris Griswold to discuss how U.S. trade fell so far out of balanceā€”and some ideas for how to rebalance it. They explore three key ideas: the global tariff, the import certificate, and the market access charge. All three use market forces to bring trade into balance and help fix the decades-long erosion of American industry and innovation.

Further Reading:
American Compass policy briefs: The Global Tariff, The Import Certificate, and The Market Access Charge
Regaining Our Balance (American Compass)
Searching for Capitalism in the Wreckage of Globalization (Oren Cass, American Compass)
Where’s the Growth? (American Compass)
Hereā€™s How I Would Solve the Trade Problem (Warren Buffett, Fortune)
Robert Lighthizer on the need for tariffs to reduce Americaā€™s trade deficit (The Economist)
Why the Market Access Charge is Necessary to Fix Trade Imbalances (John R. Hansen, Coalition for a Prosperous America)

Capital Markets Rā€™Us

June 16, 2022 - Conservative Economics
RECOMMENDED READING
Republicans Are Misremembering Their Record of ā€˜Fiscal Disciplineā€™
New Collection: Supply-Side Economics Beyond Tax Cuts
The Curse of Voodoo Economics

David is joined once again by Oren Cass of American Compass, this time to discuss the state of American financial markets. The two have a congenial conversation about private equity and venture capital, what is going wrong with the two, and what the solutions may be. There is more disagreement than agreement, but there is a mutual and sincere effort to identify issues and present thoughtful remedies. Whatever your view may be on what is right or wrong in the evolution of financial markets, youā€™ll find this robust discussion thoughtful, provocative, and engaging.

Listen at Capital Record
Recommended Reading
Republicans Are Misremembering Their Record of ā€˜Fiscal Disciplineā€™

If conservatism is to regain its footing, the New Right will need better solutions than what Trump has offered. But a return to what came before him is no solution at all.

New Collection: Supply-Side Economics Beyond Tax Cuts

Long-term analysis shows the ineffectiveness of the Bush and Trump tax cuts

The Curse of Voodoo Economics

Conservatives should favor limited government, not reflexive tax cuts

Has the Right Gotten It All Wrong?

March 3, 2022 - Globalization
RECOMMENDED READING
American Compass and Heritage Foundation Lead Coalition Letter Urging Outbound Investment Restrictions
Coalition Letter: Outbound Investment Restrictions
Why Trump Is Right About Tariffs

 

Todayā€™s Capital Record episode welcomes Oren Cass, the Executive Director at American Compass and the former policy director for Mitt Romneyā€™s presidential campaign, who has created a name for himself in recent years for his critique of certain aspects of ā€œmarket orthodoxy.ā€ David and Oren enjoy a fruitful and constructive conversation on globalization and seek to unpack the right path to human flourishing within the mechanism of a market economy. There is plenty they disagree on, some surprising (and unsurprising) elements of agreement, and most of all, an earnest desire to engage in fruitful dialogue.

Listen at Capital Record Podcast
Recommended Reading
American Compass and Heritage Foundation Lead Coalition Letter Urging Outbound Investment Restrictions

FY24 NDAA should maintain disclosure requirements and restrict U.S. capital flows to China

Coalition Letter: Outbound Investment Restrictions

As the FY2024 National Defense Authorization Act (NDAA) moves through conference committee, we write to urge Congressā€™s support for security-related restrictions on outbound investment of American capital to the Peopleā€™s Republic of China (PRC).

Why Trump Is Right About Tariffs

Taxing imported goods is unpopular with economists, but it could help the U.S. lower the trade deficit, strengthen its industrial base and safeguard national security.

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