industrial policy
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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.
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•
Nuclear Power Needs Realism, Freedom
Decades of subsidies, regulation, and unmet promises have left nuclear power costly and uncompetitive.
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•
What Do Consumers Know That GDP Aggregates Don’t?
Rising costs, reduced mobility, and policy uncertainty may explain why households feel squeezed even when headline growth is good.
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•
Tariffs and the New Economic Lysenkoism
The issue is not whether tariffs are good or bad, but whether economic research can proceed without fear of reprisal when its findings prove inconvenient.
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•
Mission Accomplished? A Reality Check on Trump’s Tariffs
Triumphal rhetoric aside, the economic evidence shows tariffs delivered distortion—not a miracle.
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•
The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
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•
Why California Is Bleeding Tech Jobs — Decline Is a Policy Choice
Silicon Valley isn’t dying — it’s decentralizing. Tech firms are expanding in lower-cost states and taking jobs with them.
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•
The National-Security Exception to Free Trade Is Real. So Are Its Tradeoffs.
Today’s economic interdependence makes it surprisingly difficult to know when trade restrictions actually strengthen security — and when they backfire.
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•
America’s Next Industrial Geography: Wherever the Power Is Cheap
Data centers will power the next century, but the grid isn’t ready. The quest for capacity is reorganizing political alliances and showing up in rate hikes.
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•
I Worked With Ronald Reagan. Here’s What He Really Thought About Tariffs
Ronald Reagan would have abhorred Trump’s tariffs. He believed presidents should rein in the Leviathan, not direct markets.
-
•
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.
-
•
Nuclear Power Needs Realism, Freedom
Decades of subsidies, regulation, and unmet promises have left nuclear power costly and uncompetitive.
-
•
What Do Consumers Know That GDP Aggregates Don’t?
Rising costs, reduced mobility, and policy uncertainty may explain why households feel squeezed even when headline growth is good.
-
•
Tariffs and the New Economic Lysenkoism
The issue is not whether tariffs are good or bad, but whether economic research can proceed without fear of reprisal when its findings prove inconvenient.
-
•
Mission Accomplished? A Reality Check on Trump’s Tariffs
Triumphal rhetoric aside, the economic evidence shows tariffs delivered distortion—not a miracle.
-
•
The Myth That Foreigners Pay Our Tariffs
The costs of tariffs are always shared — and domestic citizens inevitably bear a significant portion of the burden.
-
•
Why California Is Bleeding Tech Jobs — Decline Is a Policy Choice
Silicon Valley isn’t dying — it’s decentralizing. Tech firms are expanding in lower-cost states and taking jobs with them.
-
•
The National-Security Exception to Free Trade Is Real. So Are Its Tradeoffs.
Today’s economic interdependence makes it surprisingly difficult to know when trade restrictions actually strengthen security — and when they backfire.
-
•
America’s Next Industrial Geography: Wherever the Power Is Cheap
Data centers will power the next century, but the grid isn’t ready. The quest for capacity is reorganizing political alliances and showing up in rate hikes.
-
•
I Worked With Ronald Reagan. Here’s What He Really Thought About Tariffs
Ronald Reagan would have abhorred Trump’s tariffs. He believed presidents should rein in the Leviathan, not direct markets.