Economist Bob Murphy is back and he and Adam react to the arguments made by right-wing economist and think-tanker Oren Cass about what conservatism is (and should do) and what US trade policy should be.
00:00 — Intro. Are Adam and Bob in a rut?
02:02 — Introducing Oren Cass and an interesting conversation between he and Tucker Carlson (link below)
08:22 — Cass and Tucker claim that free trade has been a "third rail" in politics. Is that true?
14:06 — Cass on the US trade imbalance, the free trade "orthodoxy" and how even Ricardo and Marshall knew "free trade doesn't work". Bob untangles this rat's nest.
40:16 — Cass on the decline in US manufacturing and how empires "should" unwind. Bob responds.
49:36 — Cass on what "conservatism" is. What role should government have in forcing people to "choose wisely" how to live their lives? Is Cass a wannabe tyrant? 59:46 -- Cass describes how he wants government to tax and spend to encourage people to start families.
1:05:58 — Cass explains why he's an "equal opportunity infringer" on personal liberty.
1:10:04 — Adam claims Cass says he wants balanced trade between the US and each individual country! Does that make any sense? (Cass says this right around the 1:10:00 minute mark of the Tucker interview) Also, Adam asks an accounting question about GDP.
1:18:04 — Outro. Jokes and ribbons and a plea for better arguments. Thanks for watching Haman Nature! Tucker Carlson / Oren Cass conversation mentioned:
Haman Nature article mentioned about Hollywood and the CCP: Selling out to tyrants: How Hollywood bows to China’s censorship.
Haman Nature article mentioned about Scorsese's Kundun and the CCP: Disney, Kundun, China’s CCP, and a tale of wretched cowardice.
Adam on X: @Rerazer
Bob on X: @BobMurphyEcon
Adam's other podcast: Natural Order Podcast
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