Discover how hidden regulatory costs and political incentives inflate housing prices and destabilize trade, creating a system that prioritizes asset appreciation over affordability.
The Supreme Court curbs presidential power, signaling a commitment to statutory interpretation over executive prerogative, even against a president expecting loyalty.
Presidential tariffs, designed for leverage, create unforeseen instability and undermine long-term economic health by exceeding executive authority and challenging legal frameworks.
Policy volatility creates business uncertainty and forces political parties to defend unpopular tariffs, impacting consumers and global trade dynamics.
James Sneed (Planet Money Producer) - His personal experience with tariffs on an imported collectible toy from Canada formed the central narrative of the episode, illustrating how tariffs can directly impact consumers.
Lenny Feldman (Managing Partner at Sandler, Travis & Rosenberg) - A customs and trade law expert who explained the intricacies of tariffs, the de minimis exemption, and the role of express couriers in collecting duties.
Alberto Cavallo (Economist at Harvard Business School) - Discussed his research on tracking prices of hundreds of thousands of products to determine the impact of tariffs on consumer prices in the US economy.
Organizations & Institutions
Sandler, Travis & Rosenberg - The customs and trade law firm where Lenny Feldman is a managing partner, providing expertise on international shipping and tariffs.
Harvard Business School - The institution where Alberto Cavallo conducts his research on the economic impact of tariffs.
UPS (United Parcel Service) - The shipping carrier involved in James Sneed's experience with tariffs, collecting duties and fees for imported packages.
US Customs and Border Protection - The government agency responsible for enforcing customs laws and collecting tariffs on imported goods.
TV Shows & Characters
"Arthur" (PBS Show) - An animated children's television series from which the collectible "DW" toy originated.
DW (Character from "Arthur") - The specific character that James Sneed purchased as a collectible doll.
Websites & Online Resources
Reddit threads - Mentioned as a place where people share experiences and frustrations about unexpected shipping and tariff fees.