If President Donald Trump goes through with his plan to levy sweeping tariffs on foreign imports, it wouldn’t be the first time the U.S. has done such a thing. Ever heard of the Smoot-Hawley Tariff Act of 1930? Anyone? Those tariffs are widely credited with sinking the United States deeper into the Great Depression. And although global trade looks different nowadays, they can teach us a lot about how Trump’s protectionist approach to global trade could play out. On the show today, Inu Manak, a fellow for trade policy at the Council on Foreign Relations, explains how the Smoot-Hawley tariff debacle can shed light on the current moment, why the president has the power to wield tariffs in the first place, and how punishing trading partners could leave the U.S. economy at a disadvantage. Plus, what this fight has to do with the 1980s film “Ferris Bueller’s Day Off” and Roomba vacuum cleaners!

Later, one listener’s call to visit your local butcher. And, dating coach Damona Hoffman, host of the “Dates and Mates” podcast, answers the “Make Me Smart” question just in time for Valentine’s Day.

Here’s everything we talked about today:

• “Tariffs on Trading Partners: Can the President Actually Do That?” from Council on Foreign Relations
• “One Response to Trump’s Tariffs: Trade That Excludes the U.S.” from The New York Times
• “The United States has been disengaging from the global economy” from the Peterson Institute for International Economics
• “Protectionism 100 years ago helped ignite a world war. Could it happen again?” from The Washington Post
• “The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system” from The Conversation

Got a question or comment for the hosts? Email [email protected] or leave us a voicemail at 508-U-B-SMART.

President Donald Trump’s recent steps to remove federal employees is drawing comparisons to government purges during the Red Scare of the 1950s. What’s at stake when government workers are pushed out? We’ll break it down. Plus, we’ll explain why a ruling in one of the lawsuits over Trump’s funding freeze is a biggie. Finally, tell us something good that happened to you lately!

Here’s everything we talked about today:

• “Judge Rules That Trump Administration Defied Order to Unfreeze Billions in Federal Grants” from The New York Times

• “Trump Eases Enforcement of Law Banning Overseas Bribes” by Bloomberg

• “What Happened the Last Time a President Purged the Bureaucracy” from Politico

• “CBS News poll — Trump has positive approval amid ‘energetic’ opening weeks; seen as doing what he promised” by CBS News

• “Second pig kidney transplant successfully completed at Massachusetts General Hospital” from WCVB Channel 5

• “Experimental transplants with organs from gene-edited pigs see major steps forward” from CNN

• “A campus sign said ‘Tell us something good.’ Students delivered.” by The Washington Post

Tell us something good that happened to you recently! Email us at [email protected] or leave us a voicemail at 508-U-B-SMART.

President Donald Trump has fired dozens of government officials since he took office. The latest is the chair of the Federal Election Commission. But is any of this legal? We’ll get into it. Plus: A “Make Me Smart” alum shares the trauma of losing his home in the Los Angeles fires. Finally, we’ll wrap with a dose of uplifting news (thanks to you!) and a round of our favorite game, Half Full/Half Empty!

Here’s everything we talked about today:

• “Democratic FEC Chair Ellen Weintraub says Trump fired her. She says it’s not  legal.” from CBS News

• “Trump Illegally Attempts to Fire Federal Election Commission Chair Ellen Weintraub” from Campaign Legal Center

• “How to Watch All the 2025 Oscar Nominated Short Films” by Town & Country magazine

• “2025 Trans Girl Scouts To Order Cookies From!” by Erin in the Morning

• “The Trauma of Losing Your Home in the Eaton Fire” from The New York Times

• “A Los Angeles-area developer gives advice on rebuilding after the fires” from Marketplace

Got a question or comment for the hosts? Email us at [email protected] or leave us a voicemail at 508-U-B-SMART.

Elon Musk and the rest of the DOGE gang have been inside the guts of the federal government attempting to shut down agencies and gain access to the Treasury Department’s main payment system. We’ll discuss the constitutionality of it all and why some members of Congress may be reluctant to say it like it is. Plus, the toy business is paying attention to prices as Trump threatens trade war. And, AI is making a splash at the 2025 Super Bowl.

Here’s everything we talked about today:

• Watch: “Rep. Khanna: If Elon Musk finds fraud or wasteful spending, come to Congress and force a vote on it” by CNBC Television

• “Is the way Trump and Musk are running the economy even legal?” by Marketplace

• “Trump admin agrees to limit DOGE access to Treasury payments system” from Axios

• “Musk DOGE agents access sensitive personnel data, alarming officials” by The Washington Post

• “U.S. nonprofits still reeling from federal funding freeze” from Marketplace

• 2024 Q4 Earnings Call from Alphabet Investor Relations

• “Mattel may hike prices for Barbie, Hot Wheels and other toys after Trump tariffs” by CBS News

• “Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports” from AP News
• Watch: Act Like You Know :60 | GoDaddy Super Bowl Commercial 2025 on YouTube

• “Super Bowl to feature AI product ads from Big Tech” from Marketplace

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

Is Elon Musk’s control of government offices as an unelected official a coup? Lots of people seem to think so. We’ll explain why. Plus, another potential government shutdown is looming and it may work in Democrats’ favor. And, one surprisingly effective (and protein-rich) way food insecurity in Pennsylvania is being addressed.

Here’s everything we talked about today:

• “What the Black Hawk Pilots Could See, Just Before the Crash” by The New York Times

• “Shutdown fears grow as Trump battles multiply” by The Hill

• “‘We would call it a coup’: Watchdogs and Dems attack Elon Musk Treasury Department takeover” from USA Today

• “The ‘Rapid Unscheduled Disassembly’ of the United States Government” by The Atlantic

• “Elon Musk’s Power Grab Is Lawless, Dangerous, and—Yes—a Coup” from Slate

• “The Guardian view on Donald Trump’s power grab: a coup veiled by chaos” by The Guardian

• “Processing Deer to Eliminate Food Insecurity” by the Daily Yonder

Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART.

It’s hard to overstate the role immigrant workers play in the U.S. economy. Key industries rely on them — nearly half of meat-processing jobs, for instance, are held by immigrants. And many work in low-wage jobs that are vulnerable to exploitation.

Ted Genoways, a reporter with the Food and Environment Reporting Network, said Trump’s promises of mass deportations is creating fear and uncertainty for immigrant workers, both authorized and unauthorized, as well as for the massive food companies that employ them.

“If history is any guide, this will probably mean increased food prices, if only for companies trying to hedge against the possibility of something disastrous happening,” said Genoways.

On today’s show, Genoways gives us a snapshot of the low-wage immigrant workforce’s role in our economy and unpacks how Trump’s deportation plans could disrupt America’s food supply. Plus, why aren’t food companies held accountable for exploiting their employees?

And, we’ll get into what restrictions on the U.S. Agency for International Development could mean for Cuba. Plus, would you trust Kai with the aux?

Here’s everything we talked about today:

• “This Week’s Episode of Reveal: Immigrants on the Line” from Mother Jones
• Opinion | “How Trump’s Deportation Plans Could Blow Up the Food System and Increase Migrant Labor” from Politico
• “Brooke Rollins, Trump’s Agriculture Pick, Addresses Tariff and Immigration Impact on Farmers” from The New York Times
• “How Trump’s plan to deport undocumented immigrants threatens the workforce for U.S. farm workforce” from CBS News
• “Trump’s Pause of U.S. Foreign Assistance to Latin America: An ‘America Last’ Policy” from WOLA
• “US secretly created ‘Cuban Twitter’ to stir unrest and undermine government” from The Guardian
• “Chappell Roan wins best new artist at the 2025 Grammy Awards” from AP News

Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART.

Kimberly’s back from Cuba just in time to discuss the onslaught of President Donald Trump’s executive actions, from tariffs to his federal funding freeze. Lawsuits are being filed left and right against the administration’s moves, but will the Supreme Court still serve as a check on the executive branch? Plus, Kimberly unpacks lasting reflections on Cuba’s contradictions as a country with strong social services like universal education yet acute wage disparities.

Here’s everything we talked about today:

• “Trump’s Driving Legal Principle This Time: ‘What Are You Gonna Do About It?’” by Rolling Stone

• “Trump is using a nearly 50-year-old law to justify new tariffs. It may not be legal.” from Politico

• “Will the Supreme Court rule that any laws still apply to Donald Trump?” from Vox

• “Egypt to Cover Tuition Costs for 1,077 Students After Suspension of USAID Scholarship Programs” by Egyptian Streets

Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART or email [email protected].

This week, Mark Zuckerberg’s Meta sent out a memo warning employees against leaking confidential company information … only for that memo to be leaked! Guest host Meghan McCarty Carino explains how it’s connected to the culture wars playing out between tech leaders and rank-and-file workers in Silicon Valley. And, we’ll get into how President Donald Trump is testing the legal limits of his office by firing certain federal officials. Plus, we’ll weigh in on cozy video games and Punxsutawney Phil during a round of Half Full/Half Empty!

Here’s everything we talked about today:

• “Trump’s Firings Could Bring Court Cases That Expand His Power” from The New York Times
• “Meta warns that it will fire leakers in leaked memo” from The Verge
• “Mark Zuckerberg whined about leaks at Meta as company promised firings. It took minutes for the threat to leak out” from The Independent
• “Silicon Valley Tech Workers Quietly Protest Their Bosses’ Embrace of Trump” from The New York Times
• “New research backs up what gamers have thought for years: cozy video games can be an antidote to stress and anxiety.” from Reuters
• “What is Groundhog Day?” from The Punxsutawney Groundhog Club
• “Starbucks reverses its open-door policy, requiring people to make a purchase if they want to stay” from CBS News
• “Like Any Millennial, Yahoo Wants to Be Seen As Cool Again” from Business Insider
• “Try ‘Phone Free February’ to reduce screen time, improve your health” from The Washington Post

We love to hear from you. Email us at [email protected] or leave us a voicemail at 508-U-B-SMART.

On the show today, we check in with Kimberly to hear more about her adventures in Cuba, a country that’s back in the news thanks to President Donald Trump’s commitment to establish a massive migrant detention facility at Guantánamo Bay. We’ll explain how Trump’s promised crackdown on immigration could affect the Cuban economy. Plus, more on how Cubans have managed to make do under a strict U.S. trade embargo, from dealing with medicine shortages to navigating a pandemic without Zoom.

Here’s everything we talked about today: 

• “Trump Says U.S. Will Hold Migrants at Guantánamo Bay” from The New York Times
• ​​“Timeline: U.S.-Cuba Relations” from the Council on Foreign Relations
• “Trump moves to end refugee resettlement and parole for Cubans, Haitians and Venezuelans” from The Miami Herald

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

Today, we’re diving into a listener’s question about the new artificial intelligence chatbot on the scene. Chinese start-up DeepSeek’s AI model is said to be more cost-effective, less complex, and in some ways, just plain better than OpenAI’s ChatGPT. We’ll explain why the stock market’s freaking out and what it means for the U.S.-China AI race. Plus, we’ll share a story about a historic test flight that’ll have aviation nerds smiling. And the iconic “When Harry Met Sally” diner scene is recreated 35 years later. IYKYK.

Here’s everything we talked about today:

• “How DeepSeek Went From Stock Trader to A.I. Star” from The New York Times

• “Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers” from The New York Times

• “DeepSeek’s AI Model Just Upended the White-Hot US Power Market” from  Bloomberg

• “DOE Releases New Report Evaluating Increase in Electricity Demand from Data Centers” from the Department of Energy

• “China’s DeepSeek Ends the Party for U.S. Energy Stocks” from Heatmap News
• “Billy Crystal and Meg Ryan Return as Harry and Sally in Hellmann’s Super Bowl Spot” from The Hollywood Reporter
• Video: “Boom Supersonic XB-1 jet breaks sound barrier on historic test flight” from Space

Got a question or comment for us? Leave us a voicemail at 508-U-B-SMART.