The Economic Burden of Protectionism, Part II

In Part I of this series, we reviewed some new research from the New York Federal Reserve. That study showed that Americans bear about 90 percent of the burden of Trump’s Liberation Day trade taxes. Though I added my own two cents because I don’t actually care that much about who bears the burden of […]

The Economic Burden of Protectionism, Part II

Eat the Rich: California Democrats Trigger a Reverse Gold Rush with a Wealth Tax

Below is my column in the California Post and New York Post on the exodus of wealthy taxpayers from the state as Democrats seek to trap them with a retroactive wealth tax. They are engineering a type of reverse Gold Rush as up to a trillion dollars leave the state with a line of U-Hauls […]

Eat the Rich: California Democrats Trigger a Reverse Gold Rush with a Wealth Tax

Why Rescinding the Endangerment Finding May Survive Lawfare

Some thoughts from my browser AI.  My Question: What are the legal matters, such as major questions requiring congressional action, that favor ending EPA CO2 Endangerment Finding? Search Assistant Reply: The legal matters surrounding the repeal of the EPA’s CO2 Endangerment Finding involve the major questions doctrine, which suggests that significant regulatory authority should not […]

Why Rescinding the Endangerment Finding May Survive Lawfare

Trump Reverses Obama’s CO2 Endangerment Finding

By Paul Homewood     It’s official: WASHINGTON – Alongside President Trump in the White House’s Roosevelt Room, U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced the single largest deregulatory action in U.S. history. In this final rule, EPA is saving American taxpayers over $1.3 trillion, eliminating both the Obama-era 2009 Greenhouse Gas (GHG) […]

Trump Reverses Obama’s CO2 Endangerment Finding

NYRB article attacks the biological definition of sex holding with definitions based on self-identification

I used to subscribe to the New York Review of Books, which, while sometimes a repository for boring academic cat-fights, often included engaging and illuminating articles—until fabled editor Bob Silvers died in 2017.  Now, under the leadership of editor Emily Greenhouse, the magazine, always Left-leaning, seems to have become more progressive. The article by gender…

NYRB article attacks the biological definition of sex holding with definitions based on self-identification

Climate Slump: Bezos boots global warming coverage! Wash Post Fires 14 of 19 ‘Climate’ reporters – Paper had ‘climate solutions’ reporters touting ‘human hair’ clothing to save the earth

Does this mean we will have fewer stories from the Post about how human hair clothing can save the Earth?! What will happen to the team of Washington Post ‘climate solution’ reporters?! The world of journalism has dramatically improved today!

Climate Slump: Bezos boots global warming coverage! Wash Post Fires 14 of 19 ‘Climate’ reporters – Paper had ‘climate solutions’ reporters touting ‘human hair’ clothing to save the earth

“I Will Not Sit Idly as They Use Me as a Prop”: Is Bill Clinton Moving Back Into Contempt?

The Clintons are again suggesting that they might not agree to a deposition after previously yielding to the threat of…

“I Will Not Sit Idly as They Use Me as a Prop”: Is Bill Clinton Moving Back Into Contempt?

Police Thwart Alleged Assassination of OMB Director Russell Vought

There is a chilling story out this morning that another assassination attempt may have been averted. This time, the target…

Police Thwart Alleged Assassination of OMB Director Russell Vought

The Washington Post Hit With Massive Layoffs As Guild Suggests the Need for New Owner

The Washington Post has announced layoffs affecting one-third of its workforce, including most of the sports and foreign news desks.…

The Washington Post Hit With Massive Layoffs As Guild Suggests the Need for New Owner

Trump’s Pharmaceutical Plan

Pharmaceuticals have high fixed costs of R&D and low marginal costs. The first pill costs a billion dollars; the second costs 50 cents. That cost structure makes price discrimination—charging different customers different prices based on willingness to pay—common. Price discrimination is why poorer countries get lower prices. Not because firms are charitable, but because a…

Trump’s Pharmaceutical Plan

Part I(b): Yes, Taxes Change Behavior

The death tax presumably is the most destructive tax on a per-dollar-collected basis, but I suspect the capital gains tax is in second place. Like the death tax, the capital gains tax is pure double taxation, thus exacerbating the tax code’s bias against saving and investment. And the capital gains tax is particularly foolish since […]

Part I(b): Yes, Taxes Change Behavior

STEVE MILLOY: 20 Years After ‘An Inconvenient Truth’

Jan. 24 marked the 20th anniversary of the release of Al Gore’s alarmist global warming movie “An Inconvenient Truth.” Gore has surfed the movie and climate alarmism to a net worth estimated at $300 million and a Nobel Peace Prize.

STEVE MILLOY: 20 Years After ‘An Inconvenient Truth’

Tariffs and Inflation: Where Are We?

One of the predictions made by economists when President Trump announce the start of his freewheeling tariff policies in April 2025 was that the costs of the tariffs would ultimately be passed through to consumers, leading to overall higher inflation. Well, President Trump has been tossing out tariff threats, keeping some and withdrawing others. However,…

Tariffs and Inflation: Where Are We?

Debunking Trump’s Error-Filled WSJ Column

Donald Trump, who describes himself as “Tariff Man,” recently wrote a column in defense of his protectionist trade policy for the Wall Street Journal. After reading the column, my first thought was that Trump was trying to show he is more economically illiterate than Joe Biden (a big challenge, as seen here and here). And […]

Debunking Trump’s Error-Filled WSJ Column

Netflix, WBD, and the Myth of the Streaming Monopoly

The proposed acquisition of Warner Bros. Discovery (WBD) assets by Netflix is already being cast as a landmark antitrust “test case.” If past deals are any guide, the critiques will follow a familiar script: narrow market definitions, selective data points, and headline-friendly market-share claims designed to trigger alarm. Yet in a video ecosystem defined by…

Netflix, WBD, and the Myth of the Streaming Monopoly

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NOT A LOT OF PEOPLE KNOW THAT

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