What Donald Trump doesn’t Understand About Trade
As you might expect, I said nice things about Trump’s tax reform and regulatory relief but was rather alarmist about his protectionism.… Read More
Student Loan Forgiveness is a Terrible use of Taxpayer Money
A new National Bureau of Economic Research (NBER) working paper suggests that loan forgiveness isn’t all it’s cracked up to be. … Read More
Can’t We Just Leave Syria Alone?
It is time to give Syria back to the Syrians. It is time to pull the US troops from Syria. It is time to just leave Syria alone!… Read More
Trump vs. his own Administration?
Remember just as President Trump was organizing an historic summit meeting with Kim Jong-Un, John Bolton, nearly blew the whole thing.… Read More
Trump Should Scale Back Auto Mileage Regulations
The Trump administration, EPA, and Department of Transportation have announced their intent to change the corporate average fuel mileage… Read More
Neocons Demand ‘Crushing’ Sanctions on Russia
What has Russia done that warrants “kitchen sink” sanctions that will “crush” the country and possibly designate it as a sponsor of terrorism?… Read More
Trump’s Tweets End the Myth of Fed Independence
President Trump will have a long-lasting impact on monetary policy. Two of the three sitting members of the Fed’s board were appointed by President Trump. … Read More
The Mueller Indictments and The Trump-Putin Summit: Triumph of the Deep State?
Trump supporters have created big conspiracies involving the “deep state” to explain why the president places neocons in key positions.… Read More
The Western World’s most Depressing Chart
Nations in North America and Western Europe largely made the transition from agricultural poverty to middle-class prosperity during the “golden century.”… Read More
Why Trump’s Iran Isolation Plan May Backfire
In May, President Trump pulled the United States out of the Iran nuclear deal despite Iran living up to its obligations and the deal working as planned. … Read More