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Douglas Irwin is a professor of economics at Dartmouth College and a leading expert on trade economics. Today, he joins the show to discuss his new book, *Clashing over Commerce: A History of US Trade Policy,* which examines the history of American trade policy from the late 1700s to the present. Doug explains how US attitudes toward trade evolved over time and how free trade became the postwar consensus. Specifically, Doug argues that the history of US trade policy has been guided by the \u201cthree R\u2019s: revenue, restriction, and reciprocity.\u201d Finally, David and Doug discuss some of Doug\u2019s work on the gold standard and the Great Depression. David\u2019s blog: macromarketmusings.blogspot.com/ Macro Musings podcast site: macromusings.com David\u2019s Twitter: @DavidBeckworth Douglas Irwin\u2019s homepage: www.dartmouth.edu/~dirwin/ Douglas Irwin\u2019s Twitter: @D_A_Irwin Related links: *Clashing over Commerce: A History of US Trade Policy* by Douglas A. Irwin http://press.uchicago.edu/ucp/books/book/chicago/C/bo24475328.html \u201cSteve Bannon\u2019s Bad History\u201d by Douglas A. Irwin https://www.wsj.com/articles/steve-bannons-bad-history-1505861920 The Truth About Trade: What Critics Get Wrong About the Global Economy\u201d (Foreign Affairs) by Douglas A. Irwin www.foreignaffairs.com/articles/2016\u2026h-about-trade *Free Trade Under Fire (Princeton University Press, fourth edition 2015)* by Douglas A. Irwin www.amazon.com/Free-Trade-under-\u2026rth/dp/0691166250