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cover of episode Does History Show Trump’s Tariffs Are Doomed to Fail?

Does History Show Trump’s Tariffs Are Doomed to Fail?

2025/6/5
logo of podcast WSJ Opinion: Potomac Watch

WSJ Opinion: Potomac Watch
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Phil Gramm
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Phil Gramm: 我写这本书是为了纠正人们对美国历史上关键时刻的错误观念，这些观念阻碍了他们接受基于事实的观点。对于工业革命时期工人境遇、累进时代监管、大萧条原因、贸易对制造业的影响、金融危机原因以及不平等和贫困等问题，人们的看法存在严重分歧，且普遍认为资本主义在这些情况下失败了。这本书旨在通过呈现无可争议的事实，揭示普遍存在的错误观念，并驳斥这些观念。我成长于工人阶级家庭，亲眼目睹了机遇的存在，因此很难相信伯尼·桑德斯所说的“体制已定，无法取得进步”的观点。总之，我们看待世界的方式深刻影响着我们对历史的解读和结论。

Deep Dive

Chapters
This chapter explores the question of whether capitalism is failing in the US, using the example of both political parties advocating for higher taxes and industrial policy. It introduces Phil Gramm's new book, which challenges conventional wisdom on several key economic issues.
  • Both US political parties are pursuing higher taxes and industrial policy.
  • Phil Gramm's new book, "The Triumph of Economic Freedom," challenges conventional wisdom on several economic issues.

Shownotes Transcript

Paul Gigot speaks with former Sen. Phil Gramm about what free trade has done to American manufacturing, the political and economic damage that Donald Trump’s volatile tariff policy could have during the 2026 midterm elections, and his new book, “The Triumph of Economic Freedom: Debunking the Seven Great Myths of American Capitalism.”  

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