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What is a tariff?  Are they good or bad?  Or is this maybe one of those "It depends" type of things?  Has the USA done tariffs like Trump is proposing before?

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The Mad Centrist - The political podcast for the rest of us.

The MAD Centrist – named after the Kurt Vonnegut quote from The Monkey House, “A sane person to an insane society must appear insane.”

Show notes:
Economics 101: What Is a Tariff? Learn How Tariffs Work in Economics With Examples - 2024 - MasterClass 

How did Trump's 1st tariffs work out? Measuring Aggregate Price Indexes with Taste Shocks: Theory and Evidence for CES Preferences 

Tariffs in US history: Smoot-Hawley Tariff Act | History, Effects, & Facts | Britannica 

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