pull down to refresh
20 sats \ 9 replies \ @Undisciplined OP 14h \ parent \ on: Say "Cheese" for Tariffs econ
There's been some degree of deregulating to offset the tariff impacts. Perhaps that will come into play in this area, too.
Deregulation is always welcome. Any time the state removes itself from the economy the results seem to work well for us common folk. I am looking more forward to the deregulation part of the Trump agenda than the tariff part because tariffs always seem to engender problems, like smuggling and bootlegging. Perhaps Trump’s team can get rid of more regulations than they make, this time around. Will he become the deregulation champ, or just the tariff champ?
reply
I'm sure it will be a very mixed bag.
He's not one of us, but he's as close as we're likely to get.
reply
It would be even better if he had some Austrian advisors. I am not sure that he does at this point, due to wanting to use tariffs to protect the economy (both of which are bad ideas). To me, it looks like China is going through the throes of economic maladjustment corrections right now. Japan did it before and they are still suffering and still protecting. I am just curious to see what forms of correction China will be experiencing on their feast of consequences.
reply
I think Vivek was the only one.
reply
Is Vivek an Austrian? He sounds like he has some familiarity, but some of his suggestions reek of statism and interventionism. Was he speaking of those only because it is expected in most circles to demonstrate state power?
I see he is currently running for governor of Ohio. It looks like he is looking for a foothold into politics.
reply
He's very familiar with Austrian theory. He was a summer fellow or something with the Mises Institute when he was in college. He's been on all the major Austrian podcasts and clearly "gets it".
He's a bit like Rand Paul where he sort of codes more statist than he really is.