Doug Irwin on the history of US trade policy

From David Beckworth’s podcast series, Macro Musings comes this audio of an interview with Doug Irwin on the history of US trade policy.

Douglas Irwin is a professor of economics at Dartmouth College and a leading expert on trade economics. He joins David Beckworth to discuss his new book, Clashing over Commerce: A History of US Trade Policy, which examines the history of American trade policy from the late 1700s to the present. Doug explains how US attitudes toward trade evolved over time and how free trade became the postwar consensus. Specifically, Doug argues that the history of US trade policy has been guided by the “three R’s: revenue, restriction, and reciprocity.” Finally, David and Doug discuss some of Doug’s work on the gold standard and the Great Depression.