Peter Navarro Invented an Expert for His Books, Based on Himself (2019)
Accountability and “Nothing Matters” Politics
- Many see inventing an expert as obviously disqualifying, but argue norms have eroded: scandals now pass with minimal impact, even serious crimes or misconduct.
- Others think consequences may finally be emerging as economic pain (tariffs, market drops, retirement losses) hits voters directly and erodes the “successful businessman” image.
Trumpism, Cult Dynamics, and Media
- Several frame Trumpism as a “cult-lite”: followers are attached to a persona built via reality TV and constant self‑promotion.
- Some believe the cult will only end with Trump’s death; others think careful framing (letting supporters “save face”) can unwind it.
- Fox News and similar outlets are described as key to maintaining support, often minimizing or ignoring negative economic news.
Tariffs, Markets, and Distributional Effects
- Commenters link Navarro’s ideas directly to Trump’s tariff policies and current market turmoil.
- Tariffs are described as a regressive “sales tax” and a wealth transfer from poorer consumers to the rich.
- People nearing or in retirement are seen as particularly exposed when market drops wipe out a year or more of gains; debate ensues over appropriate risk levels in retirement investing.
Navarro’s Role, Credibility, and Fake Personas
- The invented expert is viewed as a way to launder fringe views into “academic” authority and give Trump plausible deniability.
- Some downplay it as a literary device, but most see it as emblematic of dishonesty with serious policy consequences.
- Parallels are drawn to other Trump-world figures using pseudonyms or fake personas to boost themselves.
Economics, Expertise, and MMT Debate
- One thread attacks economics as a “bullcrap degree”; others defend the field and blame anti‑intellectualism and politicians ignoring mainstream advice.
- Navarro is portrayed as far outside mainstream economics—likened to flat‑earthers or anti‑vaxxers in other fields.
- Sub‑discussion on Modern Monetary Theory: whether it’s “mainstream” or explicitly heterodox, and how much it actually influences policy.
Academic Status and Institutional Response
- Navarro’s emeritus status at UC Irvine is debated: it’s largely honorific but still a real institutional affiliation with some privileges.
- Several argue the title can and likely should be revoked to protect the university’s reputation.
New Tariff Rules on Small Imports
- Commenters highlight upcoming elimination of de minimis thresholds and a 30% or $50 minimum charge on small imported parcels.
- Some welcome reduced “cheap junk” imports; others warn it will cripple DIYers, small importers, and niche components (e.g., sensors) with no quick domestic replacement.
- Skepticism that firms will invest in U.S. manufacturing given political uncertainty over how long such tariffs will last.
Limits of Current Economic Models
- One thread argues traditional aggregate-demand models miss distributional effects in highly unequal economies, proposing micro‑level modeling enabled by modern computation.
- Wealth concentration and mechanisms like stock buybacks are cited as evidence that standard tools poorly capture real-world outcomes.