Unintended Consequences
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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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Sabotaging the Invisible Hand: Adam Smith Predicted Modern Policy Failures
Smith observed that significant economic inequalities arise not from voluntary exchange but from distortions that restrict competition, channel resources toward favored interests, and limit economic mobility.
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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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May’s Inflation Is More Than an Energy Story
Core inflation remained relatively subdued, but headline shocks, strong demand, and a tight labor market complicate the outlook for monetary policy.
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Harry Potter and the Deathly Economic Misconceptions
From goblin banks to unbreakable galleons, the wizarding world of Harry Potter reflects a form of folk economics that clashes with the realities of prosperity and growth.
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Early Progressives Understood What Minimum Wages Do
Progressives once embraced minimum wages as a tool to exclude marginal workers from the labor market. Modern advocates have different goals, but the same economic effect.
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The Land of Fire and the Cost of Green Scarcity
Azerbaijan’s energy-dependent economy and California’s costly climate mandates reveal a common lesson: environmental policy works when it is local, adaptable, and intellectually humble.
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Big Government Is Why Politics Keeps Getting More Extreme
James Buchanan’s Public Choice framework helps explain why political conflict intensifies and rhetoric becomes more divisive as government power grows.
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AI Enters the Courtroom: How Chatbots Are Reshaping Litigation
AI enables Americans to navigate the legal system without attorneys, operationalizing the right to self-representation and expanding access to justice on an unprecedented scale. Can courts cope?
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Could Inflation Help Explain Falling Birth Rates?
Jeffery Degner’s recent book makes the case that monetary policy reshapes time preference, and with it, decisions about family formation.
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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.
-
•
Sabotaging the Invisible Hand: Adam Smith Predicted Modern Policy Failures
Smith observed that significant economic inequalities arise not from voluntary exchange but from distortions that restrict competition, channel resources toward favored interests, and limit economic mobility.
-
•
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.
-
•
May’s Inflation Is More Than an Energy Story
Core inflation remained relatively subdued, but headline shocks, strong demand, and a tight labor market complicate the outlook for monetary policy.
-
•
Harry Potter and the Deathly Economic Misconceptions
From goblin banks to unbreakable galleons, the wizarding world of Harry Potter reflects a form of folk economics that clashes with the realities of prosperity and growth.
-
•
Early Progressives Understood What Minimum Wages Do
Progressives once embraced minimum wages as a tool to exclude marginal workers from the labor market. Modern advocates have different goals, but the same economic effect.
-
•
The Land of Fire and the Cost of Green Scarcity
Azerbaijan’s energy-dependent economy and California’s costly climate mandates reveal a common lesson: environmental policy works when it is local, adaptable, and intellectually humble.
-
•
Big Government Is Why Politics Keeps Getting More Extreme
James Buchanan’s Public Choice framework helps explain why political conflict intensifies and rhetoric becomes more divisive as government power grows.
-
•
AI Enters the Courtroom: How Chatbots Are Reshaping Litigation
AI enables Americans to navigate the legal system without attorneys, operationalizing the right to self-representation and expanding access to justice on an unprecedented scale. Can courts cope?
-
•
Could Inflation Help Explain Falling Birth Rates?
Jeffery Degner’s recent book makes the case that monetary policy reshapes time preference, and with it, decisions about family formation.