Tag Archives | economics

Salon of the Refused, Episode 4

Episode 4 of my video and podcast series, Salon of the Refused, is now available. I talk to Scott Lincicome about President Trump’s trade war. The conversation includes: why tariff power was delegated to the president, how trade changes jobs instead of taking them away, and how Flashdance and Bruce Springsteen explain Donald Trump’s trade policy. […]

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The Emperor of Etchasketchistan

Five Things You Need to Read Today 1. The Emperor of Etchasketchistan Back in 2013, I noted that we had reached an “Etcha-a-Sketch” moment in foreign policy. “The Syrian intervention has finally shaken loose all of the foreign policy alignments that fell into place during the Iraq War, and it’s as if someone grabbed the […]

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Damn Right the First Amendment Is a Weapon

Five Things You Need to Read Today 1. News That Is Less Than True You may have seen the Internet light up over an Associated Press story that seems like a nightmare of Trumpian nativism gone wild: “Some immigrant US Army reservists and recruits who enlisted in the military with a promised path to citizenship […]

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Five Things You Need to Read Today

Here’s your weekly update, for subscribers only, drawing your attention to five stories that are worth catching. Today, the main theme is that we’ve all pretty much taken leave of our senses. 1. Unexpectedly During the Obama administration, critics started making fun of the mainstream media for introducing every story about the lackluster performance of […]

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Obamacare’s Defenders Have No Idea What Insurance Is

The most telling reaction to Paul Ryan’s defense of the House GOP’s Obamacare replacement bill—I won’t call it a repeal, because it isn’t—is the way some mainstream media reporters seized on this section. Ryan: The whole idea of Obamacare is…the people who are healthy pay for the…sick. It’s not working, & that’s why it’s in […]

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What the “Trekonomics” Fantasy Gets Wrong About the Economics of the Future

Manu Saadia takes on Peter Thiel, as a proxy for Donald Trump, for saying that he prefers Star Wars over Star Trek because the setting is more capitalist. There’s a lot of over-reading going on here, particularly because this all takes off from a short throwaway comment in an interview with Thiel where he comes […]

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Democratized Aristocracy

Voters in Switzerland just resoundingly defeated a referendum calling for a guaranteed minimum income, a check to be sent to every Swiss citizen every month for as much as 2,500 francs, or a little over $30,000 per year. That’s a solid lower-middle-class income—for doing nothing. There are two ways of looking at this news. We […]

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Capitalism Is Organic

A post from Facebook has been making the rounds, where I came across it by way of my Federalist colleague Scott Lincicome. ❤️ pic.twitter.com/JTtTlcNbGM — Scott Lincicome (@scottlincicome) April 11, 2016 Here’s the mind-blowing argument: “If we each grow a large crop of different food, we could all trade with each other and eat for […]

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Like Uber, But for Everything

If it sometimes seems like it’s impossible to restore the free market, as if every new wave of government regulation is irreversible, then consider that one form of regulation, which is common in the most dogmatically big-government enclaves in the country, is being pretty much completely dismantled before our eyes. And it’s the hippest thing […]

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Hillary Clinton and the Paradox of Subsidies

Hillary Clinton plans to deal with the higher education bubble by massively inflating it. Her plan for dealing with the runaway rise of college tuition is to throw another $350 billion of taxpayers’ money into that bloated system, and her plan for dealing with the crushing burden of student debt is to make it easier […]

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