S8 Ep27: The Grievance Doctrine

S8 Ep27: The Grievance Doctrine

What if trade policy wasn’t really about trade at all? What if it was about revenge, power, and punishment, tariffs as tantrums and diplomacy as drama? You won’t find the Grievance Doctrine in economics textbooks, but there is one book that explains what it is, what its policies are, and the way it is currently being implemented. Richard Baldwin of IMD Business School in Lausanne, the founder and the Editor-in-Chief of VoxEU is also the author of “The Great Trade Hack”. In it, he sets out the way the Grievance Doctrine has been weaponised by this US administration, how the rest of the world could respond, and what might happen next. Richard joins Tim Phillips to explain the thinking that guides policy one of the most extraordinary periods in the history of trade – and why the rest of world will do just fine without the US as an ally.

Download The Great Trade Hack.

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Episoder(483)

S9 Ep56: Decoupling from China after Trump's Trade Wars

S9 Ep56: Decoupling from China after Trump's Trade Wars

In March 2025, Apple chartered cargo flights to deliver 600 tonnes of iPhones from India to the United States. A year earlier, four in five smartphones that imported to the US came from China. One of ...

25 Sep 29min

S9 Ep55: Loosening inheritance law

S9 Ep55: Loosening inheritance law

In most of the world you do not get to choose who inherits your money. Across continental Europe, Latin America, and countries governed by Islamic law, a minimum share of your estate will be reserved ...

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S9 Ep54: Does sacking the manager work?

S9 Ep54: Does sacking the manager work?

Your football team keeps losing. The season is slipping away. One thing can be changed by Friday, and the crowd is already singing about it: sack the manager.Jan van Ours (Erasmus School of Economics,...

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S9 Ep53: Lessons from Populism in Latin America

S9 Ep53: Lessons from Populism in Latin America

The new episode of VoxTalks Economics traces the effects of South Americans populism, left and right. Alejandro Werner (Georgetown Americas Institute) is one of the authors of a new paper that traces ...

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S9 Ep52: The Dollar Anchor Is Slipping

S9 Ep52: The Dollar Anchor Is Slipping

April 2025: Liberation Day. President Trump announces sweeping new tariffs. And then, the dollar did something a safe haven currency is not supposed to do: it fell.Tarek Hassan (Boston University, CEP...

2 Sep 26min

S9 Ep51: Fiscal Populism and Monetary Policy

S9 Ep51: Fiscal Populism and Monetary Policy

There is a saying in Spanish: get burned by hot milk, and the sight of a cow makes you cry. New research implies that, decades after a populist government leaves office, the central bank it once tried...

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S9 Ep50: Tariffs, Uncertainty, and the Exchange Rate

S9 Ep50: Tariffs, Uncertainty, and the Exchange Rate

Textbook economics says a tariff should strengthen a country's currency. Since the start of 2025, as US tariffs rose ... and the dollar fell.In the first of four episodes of Voxtalks based on papers p...

26 Aug 24min

S9 Ep49: Combatting sexual harassment in the military

S9 Ep49: Combatting sexual harassment in the military

Norwegian conscripts arrive at boot camp straight out of school. They are assigned at random to a shared room and they live in it for the next eight weeks. Whatever the culture of that room turns out ...

21 Aug 21min

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