This week on Modern Age, Dan McCarthy explores a pivotal legal and constitutional question: Can President Trump impose tariffs on his own authority? With the Supreme Court hearing a case that challenges his use of emergency powers under the International Economic Emergency Powers Act (IEEPA), this episode dives deep into the legal history, economic rationale, and political stakes. What counts as a national emergency? Is a 50-year trade deficit reason enough? Dan examines both sides of the d...
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This week on Modern Age, Dan McCarthy explores a pivotal legal and constitutional question: Can President Trump impose tariffs on his own authority? With the Supreme Court hearing a case that challenges his use of emergency powers under the International Economic Emergency Powers Act (IEEPA), this episode dives deep into the legal history, economic rationale, and political stakes. What counts as a national emergency? Is a 50-year trade deficit reason enough? Dan examines both sides of the d...
In this episode of Modern Age, Dan McCarthy breaks down President Trump’s recent trade victories and challenges the mainstream narrative about tariffs, prices, and their impact on American consumers. Dan explains why the popular claim that tariffs are just a tax on consumers is misleading, and why many economists who make this argument actually know better. Using real-world examples and market theory, he shows how tariffs can strengthen domestic industry, increase competition, and keep prices...
Modern Age with Dan McCarthy
This week on Modern Age, Dan McCarthy explores a pivotal legal and constitutional question: Can President Trump impose tariffs on his own authority? With the Supreme Court hearing a case that challenges his use of emergency powers under the International Economic Emergency Powers Act (IEEPA), this episode dives deep into the legal history, economic rationale, and political stakes. What counts as a national emergency? Is a 50-year trade deficit reason enough? Dan examines both sides of the d...
