Everything You Need To Know About Tariffs
Lost Debate
The Branch
4.6 • 607 Ratings
🗓️ 6 April 2025
⏱️ 54 minutes
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| 0:00.0 | Welcome to The Lost Debate, a show for politically eclectics. I'm Robbie Gupta. Today, I am reposting an episode that we put out in December called Everything You Need to Know About Tariffs. And this is a conversation I had with economic historian Phil Magnus, who comes out of the right-wing think takes. And, you know, is a reminder that, you know, not too long ago, just a couple years ago, |
| 0:22.5 | it was the conservative Republican position to oppose tariffs and that actually within sort of |
| 0:28.7 | super left corners of our politics, people were pro-tariff. But what Phil does is methodically |
| 0:35.1 | take us through the history of tariffs within the United States, going |
| 0:38.1 | back to before we gained our independence through to today and talks about the connection |
| 0:43.9 | between tariffs and revenue generation, the connection between tariffs and corruption, |
| 0:48.5 | and the connection between tariffs even and are the origins of our income tax in this country. |
| 0:55.1 | So I think you'll love it. |
| 1:00.6 | But before we go to this interview, if you haven't yet, you can buy my novel, Garbage Town, wherever you get your books, Amazon, bookshop.org, Barnes & Noble, gotten crazy good reviews, Kirkus Reviews, |
| 1:06.6 | wrote it, an amazing review and gave it the thumbs up publishers weekly made it an editor's pick |
| 1:12.7 | it's now an amazon bestseller and this is a book all about what it's like growing up in the 90s |
| 1:17.3 | in staten island new york in the shadows of the fresh kills landfill it's a coming of age thriller |
| 1:22.7 | but i really think of it as a period piece so go out there and get it and without further ado let's |
| 1:27.3 | jump into this interview think of it as a period piece. So go out there and get it. And without further ado, let's jump |
| 1:27.6 | into this interview. Phil, welcome to the podcast. Happy to be here. Well, Phil, you about a year ago |
| 1:37.7 | and some change wrote a piece called The Problem of the Tariff in American Economic History for |
| 1:44.0 | Cato. |
| 1:44.9 | I imagine you might have been anticipating this moment. |
| 1:47.5 | It feels like it in reading that piece. |
| 1:50.4 | That's exactly it. |
| 1:52.0 | You know, |
| 1:52.2 | I am a historian and economic historian by background. |
... |
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