My latest Macro Musing podcast is with Daniel Griswold. Dan 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 I discuss some of the misconceptions surrounding trade and why Americans should embrace free trade instead of protectionism.