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b'Daniel Griswold is a Mercatus Center Senior Research Fellow and Co-Director of the Program on the American Economy and Globalization at the Mercatus Center at George Mason University. He joins the show to discuss the theory of trade, dating back to Adam Smith, and his work on current US trade policy. Daniel and David discuss some of the misconceptions surrounding trade and why Americans should embrace free trade instead of protectionism. David\\u2019s blog: http://macromarketmusings.blogspot.com/ Daniel Griswold\\u2019s blog: https://madabouttrade.com/ David\\u2019s Twitter: @DavidBeckworth Daniel Griswold\\u2019s Twitter: @DanielGriswold Related links: \\u201cPlumbing America\\u2019s Balance of Trade\\u201d by Daniel Griswold https://www.mercatus.org/publications/american-balance-of-trade *Mad About Trade: Why Main Street America Should Embrace Globalization* by Daniel Griswold https://www.amazon.com/Mad-About-Trade-America-Globalization/dp/193530819X \\u201cThe China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade\\u201d by David Autor, David Dorn, & Gordon Hanson http://www.ddorn.net/papers/Autor-Dorn-Hanson-ChinaShock.pdf'