Category Archives: Economics

The Prestige Of Economics

Inflation has dropped every month under Donald Trump. Economists and media are hardest hit. Economists in particular were predicting higher inflation due to Trump’s tariffs. They were wrong. Again. The credibility and prestige of social science depends in large part … Continue reading

Posted in Economics | Comments Off on The Prestige Of Economics

Michael Huemer: Trade, Tariffs, & Make-Work Bias

Philosopher Michael Huemer writes: Trade is in the news because of the Trump tariffs. I’ve finally given in and written this post, in case any of you still don’t know why free trade is good. Free trade is always good? … Continue reading

Posted in Economics | Comments Off on Michael Huemer: Trade, Tariffs, & Make-Work Bias

Are there too many variables with global trade for anyone to be an expert?

Normally in professional ethics, your obligations are clear — they are to your client. An attorney primarily has ethical obligations to his client, an accountant to his client, and a doctor to his patient. In journalism, however, ethical obligations are … Continue reading

Posted in Economics | Comments Off on Are there too many variables with global trade for anyone to be an expert?

The Case For Economic Nationalism

Historian Adam Rowe writes: “Commerce” within a community is almost always salutary, an extension of the associations and collaborations that are essential to all human flourishing. But “trade” between separate communities, particularly communities with drastically different economic, legal, and cultural … Continue reading

Posted in Economics | Comments Off on The Case For Economic Nationalism

The best case I’ve read for Trump’s trade policies

I’m not arguing that Trump’s trade policies are good. I’m arguing that there’s close to an even chance they will be good for America. Economist Stephen Miran (Harvard PhD) said April 7: Today I’d like to discuss the United States’ … Continue reading

Posted in Economics, Trade | Comments Off on The best case I’ve read for Trump’s trade policies