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Yes, Tariffs Reduce Imports, but They Also Reduce Exports
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Manage episode 515085535 series 3252383
Content provided by Mises Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mises Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Human Action Podcast, Bob unpacks Lerner’s Symmetry Theorem—the classic result that, under tight conditions, an import tariff is equivalent to an export tax. He applies the framework to recent 100% China‑tariff headlines, explaining why the dollar might strengthen in theory yet sometimes weakens in practice once retaliation and policy signaling are factored in. The Human Action Podcast on Trump's Tariff Strategy: https://Mises.org/HAP522a The Lerner Symmetry Theorem: https://Mises.org/HAP522b
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6233 episodes
MP3•Episode home
Manage episode 515085535 series 3252383
Content provided by Mises Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mises Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Human Action Podcast, Bob unpacks Lerner’s Symmetry Theorem—the classic result that, under tight conditions, an import tariff is equivalent to an export tax. He applies the framework to recent 100% China‑tariff headlines, explaining why the dollar might strengthen in theory yet sometimes weakens in practice once retaliation and policy signaling are factored in. The Human Action Podcast on Trump's Tariff Strategy: https://Mises.org/HAP522a The Lerner Symmetry Theorem: https://Mises.org/HAP522b
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