TweetTunku Varadarajan’s “Weekend Interview” in the Wall Street Journal is with the great Dartmouth trade economist and economic historian Doug Irwin. Three slices: In effect, Mr. Trump also slapped tariffs on 10005, Wall Street’s ZIP Code, for America’s markets cowered in horror. Dollar assets experienced such a rout that Mr. Trump himself took notice of…
Some Links
Some Links
13 Apr 2025 Leave a comment
in applied price theory, industrial organisation, international economics Tags: 2024 presidential election, free trade, tarrifs
NPR Repeats False Claim That the Court Rejected Claims of Government Involvement in Censorship Efforts
10 Apr 2025 Leave a comment
in liberalism, libertarianism, Marxist economics, politics - USA Tags: 2024 presidential election, Age of Enlightenment, free speech, political correctness, regressive left
Leila Fadel and National Public Radio recently interviewed me on free speech. While the program ominously warned that “what you’re about to hear is hate speech” in playing extreme voices on the right, it did interview me and former Columbia University president Lee Bollinger from the free speech community. I wanted to address a statement […]
NPR Repeats False Claim That the Court Rejected Claims of Government Involvement in Censorship Efforts
Take Thyself to Texas: The Supreme Court Rules For Trump on Stay and Jurisdiction Over Deportations
09 Apr 2025 Leave a comment
in law and economics, politics - USA, property rights Tags: 2024 presidential election, constitutional law, economics of immigration
In a 5-4 ruling, the Supreme Court delivered a victory to the Trump Administration on the deportations under the 1798…
Take Thyself to Texas: The Supreme Court Rules For Trump on Stay and Jurisdiction Over Deportations
Daniel Hannan on the Logical Contradictions in the Case for Trump’s Tariffs
06 Apr 2025 Leave a comment
in applied price theory, economic history, history of economic thought, industrial organisation, international economics, liberalism, politics - USA, Public Choice, rentseeking Tags: 2024 presidential election, free trade, tariffs
Tweet The post Daniel Hannan on the Logical Contradictions in the Case for Trump’s Tariffs appeared first on Cafe Hayek.
Daniel Hannan on the Logical Contradictions in the Case for Trump’s Tariffs
Trump’s tariff claims are even stupider than anyone thought
04 Apr 2025 Leave a comment
in applied price theory, economic history, income redistribution, industrial organisation, international economic law, international economics, International law, politics - USA, Public Choice, rentseeking Tags: 2024 presidential election, free trade, tariffs
The White House released a list of countries and the tariff rates they charged the US. It was clearly wrong as NZ has an average tariff of around 1.7% on US imports and the list said 20%. I thought it was because they were including our GST of 15%. That would have been very dumb, […]
Trump’s tariff claims are even stupider than anyone thought
Hiding Elephants in Mouseholes: Why a Third Term for Trump is Not Likely
04 Apr 2025 Leave a comment
in politics - USA Tags: 2024 presidential election, 2028 presidential election
Below is my column in The Hill on the President stating that he is not joking about pursuing a third term. The statement lit up the media. However, it works better as a jump scare for liberals than a credible claim for the courts. Here is the column:
Hiding Elephants in Mouseholes: Why a Third Term for Trump is Not Likely
Two Questions and Four Ironies About Trump’s Tariffs
03 Apr 2025 1 Comment
in history of economic thought, international economics, liberalism, Marxist economics, politics - USA Tags: 2024 presidential election, free trade, tariffs
The tariffs also bring to mind several ironies: I only have the time, and frankly the stomach, to put down these few quick thoughts on this one. More later. ** Postscript: Tariffs rather than immigration is the topic of the day, but I was reminded in perusing the Declaration of Independence for this post that…
Two Questions and Four Ironies About Trump’s Tariffs
The Protectionism Edition of Economics Humor
01 Apr 2025 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic history, history of economic thought, income redistribution, industrial organisation, international economics, politics - USA, Public Choice, rentseeking, survivor principle Tags: 2024 presidential election, free trade, tarrifs
It appears that Trump wants to repeat the mistakes of the 1930s with a global trade war. That is going to be very bad news for workers, consumers, taxpayers, manufacturers, farmers, and exporters. But there are two bits of good news. At least for small slices of the populations First, lobbyists will get rich as […]
The Protectionism Edition of Economics Humor
New Rule: Trump Devotion Syndrome | Real Time with Bill Maher (HBO)
29 Mar 2025 1 Comment
in politics - USA, television, TV shows Tags: 2024 presidential election
Trump’s Energy Secretary Offers Africa Freedom from Biden’s Climate Imperialism
28 Mar 2025 Leave a comment
in development economics, economics of climate change, energy economics, environmental economics, environmentalism, global warming, politics - USA Tags: 2024 presidential election, Africa
“It’s a paternalistic post-colonial attitude that I just can’t stand,” Wright said of the climate evangelism that sought to force others to abandon fossil fuels and adopt largely useless technologies like solar and wind energy.
Trump’s Energy Secretary Offers Africa Freedom from Biden’s Climate Imperialism
Commerce Secretary Lutnick Is Among Those Government Officials Who Are Ignorant of Basic Economic Facts
21 Mar 2025 Leave a comment
in applied price theory, economic history, industrial organisation, international economics, market efficiency, politics - USA, survivor principle, transport economics Tags: 2024 presidential election, free trade, tarrifs
TweetHere’s a note to the Highland County Press. Editor: Commerce secretary Howard Lutnick asserts that NAFTA allowed U.S. automobile producers to “screw” American auto workers by shifting auto-industry production to Mexico and Canada (“Trump Cabinet members: Tariff plans are working; tariffs could eliminate federal income tax for those earning less than $150,000,” March 20). Mr.…
Commerce Secretary Lutnick Is Among Those Government Officials Who Are Ignorant of Basic Economic Facts
McCaskill: Trump is Trying to “Disappear” People Like Putin
20 Mar 2025 Leave a comment
in economics of crime, Economics of international refugee law, international economics, International law, labour economics, labour supply, law and economics, politics - USA Tags: 2024 presidential election, economics of immigration, law and order, law enforcement
MSNBC analyst and former Democratic Sen. Claire McCaskill has long been criticized for unhinged rhetoric. That was evident on “Morning Joe” recently when McCaskill said that the deportation of alleged Venezuelan gang members was akin to Putin “disappearing” people. It is not the first such analogy by McCaskill, who has called those opposing the censorship […]
McCaskill: Trump is Trying to “Disappear” People Like Putin
University of Chicago updates equal-opportunity statement for job ads
20 Mar 2025 Leave a comment
in discrimination, economics of education, gender, human capital, labour economics, labour supply, occupational choice, politics - USA Tags: 2024 presidential election, affirmative action, free speech, political correctness, racial discrimination, regressive left, sex discrimination
This announcement came from our Provost’s office, but apparently hasn’t been sent to all parts of the University. Nevertheless, it surely applies to all job ads for the University of Chicago. What it shows is that the University has updated its Equal Employment Opportunity statement, a statement that must be included in all ads for […]
University of Chicago updates equal-opportunity statement for job ads
EPA questions 31 major energy regulations
17 Mar 2025 Leave a comment
in economics of bureaucracy, economics of climate change, economics of regulation, energy economics, environmental economics, environmentalism, global warming, law and economics, politics - USA, property rights, Public Choice Tags: 2024 presidential election
What is certain is that 31 big fights lie ahead making this EPA combined action a truly breathtaking event. Stay tuned to CFACT as this supreme battle unfolds.
EPA questions 31 major energy regulations
Why tit-for-tat tariffs may not work against Trump
16 Mar 2025 Leave a comment
in applied price theory, industrial organisation, international economics, International law, politics - USA, Public Choice, rentseeking Tags: 2024 presidential election, game theory, tariffs
Last week, my ECONS101 class covered game theory. At the end of the final lecture, after we had been covering repeated games and tit-for-tat strategies, a really perceptive student asked me about Trump’s tariffs. A lot of the rhetoric about tariffs has been posed in terms of tit-for-tat (see here and here, for example). The…
Why tit-for-tat tariffs may not work against Trump
Utopia, you are standing in it! 
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