industrial policy
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Tariff Math Doesn’t Work, and the White House Already Admitted It
Trump’s new USMCA proposal acknowledges the limits of onshoring. Tariffs can’t undo global supply chains; they’re a consumption tax paid by American families.
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Measuring Trump 2.0 Against Trump 1.0: Tariff Boasts Meet the Data
Trump credits tariffs for an economic “turnaround.” The data show stronger economic performance in his first term than in his second.
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Bessent’s Neo-Mercantilism: New Podium, Old Mistakes
Treasury Secretary Scott Bessent and others argue that tariffs and industrial policy can restore America’s strength. In reality, diversified supply chains and open markets provide greater resilience than economic nationalism.
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How Much US Farmland Do Chinese Investors Actually Own?
The economic and agricultural threat posed by Chinese-owned farmland is modest, but our fears may reflect broader anxieties about national power.
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How the Railway Safety Act Could Make Railroads Less Safe
Gains in safety historically came from innovation and operational flexibility on the ground. Three new studies suggest Congress is approaching rail safety backward.
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Deaths from Despair: Is Globalization a Health Risk?
Claims that NAFTA increased deaths among manufacturing workers overlook a key reality: most job loss stems from productivity gains, not trade.
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Can Trump’s Maritime Plan Save America’s Struggling Shipyards?
America’s shipbuilding troubles did not begin with foreign rivals — and they will not be solved by taxing them.
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Is Silicon Valley Shifting Right, Or Just Toward Power?
The tech industry’s growing dependence on government contracts and its fear of a ‘billionaire’ tax are reshaping political terrain.
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But What About China? A Response to Tariff Advocates
Erratic tariff policy is alienating our allies, weakening exactly the coalition we’d need to address Beijing’s behavior.
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•
India’s Aviation Meltdown Reveals Hazards of Command-and-Control
Concentrated markets and micromanaging regulators can turn a policy change into systemic failure. Rules matter, but the cost is resilience.
-
•
Tariff Math Doesn’t Work, and the White House Already Admitted It
Trump’s new USMCA proposal acknowledges the limits of onshoring. Tariffs can’t undo global supply chains; they’re a consumption tax paid by American families.
-
•
Measuring Trump 2.0 Against Trump 1.0: Tariff Boasts Meet the Data
Trump credits tariffs for an economic “turnaround.” The data show stronger economic performance in his first term than in his second.
-
•
Bessent’s Neo-Mercantilism: New Podium, Old Mistakes
Treasury Secretary Scott Bessent and others argue that tariffs and industrial policy can restore America’s strength. In reality, diversified supply chains and open markets provide greater resilience than economic nationalism.
-
•
How Much US Farmland Do Chinese Investors Actually Own?
The economic and agricultural threat posed by Chinese-owned farmland is modest, but our fears may reflect broader anxieties about national power.
-
•
How the Railway Safety Act Could Make Railroads Less Safe
Gains in safety historically came from innovation and operational flexibility on the ground. Three new studies suggest Congress is approaching rail safety backward.
-
•
Deaths from Despair: Is Globalization a Health Risk?
Claims that NAFTA increased deaths among manufacturing workers overlook a key reality: most job loss stems from productivity gains, not trade.
-
•
Can Trump’s Maritime Plan Save America’s Struggling Shipyards?
America’s shipbuilding troubles did not begin with foreign rivals — and they will not be solved by taxing them.
-
•
Is Silicon Valley Shifting Right, Or Just Toward Power?
The tech industry’s growing dependence on government contracts and its fear of a ‘billionaire’ tax are reshaping political terrain.
-
•
But What About China? A Response to Tariff Advocates
Erratic tariff policy is alienating our allies, weakening exactly the coalition we’d need to address Beijing’s behavior.
-
•
India’s Aviation Meltdown Reveals Hazards of Command-and-Control
Concentrated markets and micromanaging regulators can turn a policy change into systemic failure. Rules matter, but the cost is resilience.