This week’s stand-out podcast comes courtesy of National Public Radio’s “Planet Money”. In this episode, entitled “Worst. Tariffs. Ever.” hosts Kenny Malone and Sally Helm discuss the ramifications of the Smoot-Hawley Tariff Act on the American economy.
As a citizen of voting age, I find myself obliged to learn as much as I can about the economy, which is a herculean task when grafted onto the day-to-day obligations of my life. Given that the economy ties our loves together, however, it is important to be able to put the latest economic news in proper context. This is exactly what this podcast does, having been published amidst news of tarries and trade deals. While the case study used here is American, there are universal elements of toxic politics and shortsightedness that serve as an important cautionary tale to us all.
So, if you’re ready to remember how woefully unprepared you are to vote responsibly, click this link to visit the podcast’s page.
A few years ago, I picked up a book called “Economix: How our Economy Works (and Doesn’t Work) in Words and Pictures” while visiting Montreal (because I KNOW how to let loose on vacation!) In this book, the history of world economies (with a heavy focus on the American story) is explained in comic form. As economic theory can be a contentious issue (as the book, itself, even covered,) you may not find yourself agreeing 100% with the analysis, but I found that author Michael Goodwin does a great job of giving you a crisp and accessible overview of how the economies have morphed over the ages.
If you find learning about all of this daunting, you’re not alone. I’m still terrified of my own ignorance. It’s like my own Jason Voorhees, except instead of a machete, he’s chasing me with my high school report card.