How Do Immigration, Free Trade Agreements, and Tariffs Affect the U.S. Economy?

If you have to pick one place in the world to do business in, economist and Columbia University professor Brett House says make it the United States. With productivity increasing and forecasts for the highest growth rate, the U.S. also benefits from immigration to continue its upward economic trajectory. He shares with Gene Marks on Paychex THRIVE, a Business Podcast, details on the benefit of deficits, the misunderstanding about tariffs, and what fair trade agreements can really lead to.
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Topics Include:
00:00:00: Teaser quote
00:01:07: Introduction of Brett House
00:04:21: Examination of the global macroeconomics
00:07:42: Why UK’s Brexit doesn’t work
00:09:45: Courses House teaches and application on global macroeconomics
00:13:25: NAFTA and why it has succeeded
00:15:04: Thoughts on digital currencies
00:18:36: What do tariffs actually do?
00:23:00: Why doing business in the U.S. is wise
00:24:30: Economic recovery and role of government
00:25:43: Perspective on deficits
00:27:24: Wrap-up and thank you