Re:US Administration announces 34% tariffs on China – 20% on EU
by smallmancontrov on Thursday April 03, 2025 @12:03PM
(#43571686)
Yes! "Trade Wars are Class Wars" by Klein & Pettis is the book to read if you want to hear actual economists with actual data talk about this.
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Re:US Administration announces 34% tariffs on China – 20% on EU
by no_wizard on Thursday April 03, 2025 @12:06PM
(#43571740)
Stellar book. Can't recommend it enough. Wanted to chime in on how good this book is.
Re:US Administration announces 34% tariffs on China – 20% on EU
by mywittyname on Thursday April 03, 2025 @01:48PM
(#43573090)
I purchased this book after seeing all of these glowing reviews for it.
Re:US Administration announces 34% tariffs on China – 20% on EU
by aj_icracked on Thursday April 03, 2025 @02:37PM
(#43573638)
I just downloaded this and listened to it for the past 2 hours, this is a fantastic book. Thanks for the rec guys!
Re:US Administration announces 34% tariffs on China – 20% on EU
by throwaway34903 on Thursday April 03, 2025 @01:15PM
(#43572705)
For what it's worth Pettis thinks tariffs would be beneficial for the American economy: https://www.foreignaffairs.com/united-states/how-tariffs-can...
Re:US Administration announces 34% tariffs on China – 20% on EU
by ckemere on Thursday April 03, 2025 @04:34PM
(#43575035)
I read this and I was quite disappointed that he didn’t talk about labor costs and other comparative advantages for labor-heavy manufacturing to be in a different situation trade market-wise than it was in the 1930s.
Re:US Administration announces 34% tariffs on China – 20% on EU
by smallmancontrov on Thursday April 03, 2025 @06:49PM
(#43576405)
He does talk about comparative advantage, though. Extensively. The bit about Ricardo's precondition is absolutely wild and I'm more than a little scandalized by the fact that it wasn't discussed when I took econ in school. Not to mention the history with Alexander Hamilton.
Are you sure you didn't just read the link? If you want a book-sized argument, you need to read the book, or at least listen to it.
Re:US Administration announces 34% tariffs on China – 20% on EU
by catothedev on Tuesday April 08, 2025 @08:16PM
(#43627743)