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The Glenn Show

Rajiv Sethi – Are Trump's Tariff Threats Working?

The Glenn Show

Glenn Loury

Politics, Society & Culture, News

4.82.3K Ratings

🗓️ 31 January 2025

⏱️ 52 minutes

🧾️ Download transcript

Summary

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Video Links

1:04 Rajiv’s role in getting Glenn’s forthcoming book published

7:39 Self-censorship and racial passing

9:29 Rajiv’s work on parental investment and educational attainment

17:01 Rajiv: Prediction markets outperformed forecasting models in 2024

23:36 Are Trump’s tariff threats having their intended effects on foreign markets?

31:53 Why Paul Krugman won the Nobel Prize in Economics in 2008

35:07 Rajiv recommends some public-facing economists

39:26 Secular backsliding in India

43:51 Trump’s revocation of LBJ’s 1965 anti-discrimination executive order

Recorded January 25, 2025

Links and Readings

Rajiv’s Substack, Imperfect Information

Rajiv post Substack post, “Self-Censorship, Passing, and Natural Cover”

James Weldon Johnson’s novel, The Autobiography of an Ex-Colored Man

Glenn and Rajiv’s 2014 conversation about self-censorship

Glenn and Young-Chul Kim’s article, “To Be, or Not to Be: Stereotypes, Identity Choice and Group Inequality”

Glenn and Rajiv’s previous conversation

Rajiv and Dyotona Dasgupta’s working paper, “Educational Standards and Parental Investment”

Rajiv’s post, “The Tariff Threat”

Paul Krugman’s post, “The Dollar and the Trade Deficit”

John Cochrane’s review of Late Admissions

Tyler Cowen’s Marginal Revolution

Gyan Mukherjee’s 1943 film, Kismet

Rajiv and Brendan O’Flaherty’s book, Shadows of Doubt: Stereotypes, Crime, and the Pursuit of Justice



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Transcript

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0:00.0

Please consider becoming a paid subscriber to the Glenn Show at glenlawry.substack.com.

0:06.6

As a subscriber, you will receive new episodes on Mondays instead of Fridays and get access to ticket pre-sales to live events, monthly Q&As with Glenn Laurie and John McWhorter, exclusive content, and other benefits.

0:21.8

Thank you.

0:23.3

Hello, everyone.

0:24.1

This is Glenn Lowry, and you are listening or watching or both, The Glenn Show.

0:31.0

I'm a professor at Brown University, and my guest this week is Rajiv Setti, who is an economist.

0:39.1

He's a professor at Barnard College, Columbia University,

0:42.0

and an old friend colleague and co-author of mine.

0:46.4

So welcome to the Glenn Shaw, Rajah.

0:48.9

Thank you, Dean.

0:50.9

Rajiv is also the author of a newsletter at Subststack called Imperfect Information, which is a fascinating,

0:58.6

wide-ranging, and very thoughtful commentary on public policy issues from an information

1:08.5

economist and game theorist perspective,

1:11.6

I highly recommend it to anyone with interest

1:14.8

in that general area.

1:17.0

And recently had a post in which he made fascinating connections

1:23.7

between the subjects of self-censorship

1:27.3

and of identity passing.

1:31.4

And I wanted to talk, this is something that has interested me for many, many years,

1:35.2

and I wanted to talk with Rajiv about that and related matters.

1:40.8

So you want to tell us a little bit of Rajeev about what you're after in that discussion?

1:47.1

Sure, Glenn.

...

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