Tariffs on Canada, Mexico, and China Could Start This Weekend
Trump's second trade war has apparently arrived. There remains much uncertainty, but expect it to be costly.
Economics
Trump's Role Model McKinley Tariffed His Way to Imperialism
Reviving the Monroe Doctrine and 19th century Republican adventurism is not a shortcut to peace.
DOGE's Big Challenge: Americans Who Hate Inefficiency but Love Bloated Government
The public worries about corruption and bureaucracy, but many want more of the same.
Trump's Pro-Growth, Anti-Trade Positions Are on a Collision Course
The stark disconnect not only runs the risk of choking off much of the global commerce the president claims to welcome but threatens to stick U.S. consumers and businesses with higher costs.
An Unprecedented 22 Percent Drop in Drug Deaths Does Not Mean Prohibition Is Finally Working
Drug warriors deserve blame rather than credit for their role in recent overdose trends.
Trump's Pick for Commerce Secretary Wants More Industrial Policy for Chipmakers
Howard Lutnick told senators that CHIPS Act subsidies were "an excellent down payment."
Javier Milei Promised To Take a 'Chainsaw' to Argentina's Government. It's Working.
Inflation and rent prices are down, and the country has a budget surplus.
Alex Nowrasteh and Bryan Caplan: The Case for More Immigration
Immigration experts Alex Nowrasteh and Bryan Caplan make the case for significantly more and easier immigration to the U.S.
The Best of Reason: Cutting Off Trade Will Make the U.S. Poorer and China More Totalitarian
Politicians in both major parties see the People's Republic as an economic and military threat. But the real threat is an isolated China.
How a Chinese AI Company Found a Way Around America's Export Controls
DeepSeek made a more efficient product that the rules wouldn't hinder.
Like Biden, Trump Does Not Control the Price of Eggs
Though he promised to lower costs on Day 1, Trump remains just as beholden to the laws of supply and demand as his predecessor.
Trump's Tariffs To Tank Tequila
The owner of a famous cocktail bar in Dallas warns that tariffs on Mexican imports will mean higher menu prices and reduced availability of specialty tequila.
Trump's Davos Speech: The Good, the Bad, and the Ugly
President Donald Trump doubled down on both domestic deregulation and protectionism in his speech to the World Economic Forum.
Trump's Orders Feature Nonexistent Emergencies, Illegal Power Grabs, and Blatant Inconsistencies
But at least he restored respect for a tariff-loving predecessor by renaming a mountain.
Congress Should Extend the Trump Tax Cuts. The Path Won't Be Easy.
Not doing so could be harmful for just about everyone.
How Trump Could Unilaterally Place Tariffs on Mexico and Canada
They are allied countries with which the U.S. has a trade deal (a deal negotiated by Trump, no less), but presidential emergency powers are nearly limitless.
Trump's Tariffs Will Make Americans, Mexicans, and Canadians Poorer
American tariffs will increase the price of final and intermediate goods, hurting our own consumers and domestic manufacturers.
Why Companies Are Ditching ESG
Many have started to recognize a need to focus on their core business rather than virtue-signaling.
The Country's Largest Police Union, Which Repeatedly Endorsed Trump, Is Dismayed by His Capitol Riot Pardons
The Fraternal Order of Police mistakenly thought that the president "supports our law enforcement officers" and "has our backs."
Keep Trump, and Every Other President, Out of the Fed
If a central bank has to exist, it has to be independent.
Mike Pesca: How Will Trump 2.0 Transform America?
Mike Pesca reacts to Trump's inauguration and slate of executive orders on the latest Just Asking Questions.
Trump Must Choose: Tariffs or Lower Prices
Domestic deregulation will decrease the cost of living. Trade barriers will do the opposite.
Trump's 'External Revenue Service' Is a Public Relations Effort. It Won't Change How Tariffs Work.
Trump promises to "tariff and tax foreign countries to enrich our citizens." That's not how it works.
Pepsi Suffers the Wrath of (Lina) Khan
Outgoing FTC Chair Lina Khan sues Pepsi for violating Robinson-Patman Act.
Many Workers Don't Want To Return to the Office. That Could Help Shrink the Government.
Remote work is a plus for many people and businesses, but that’s not necessarily true of D.C.
Finding Trillions in Federal Cuts Is Easy. But Will Trump and Musk Follow Through?
DOGE won't necessarily have to kill any of Republicans’ sacred cows—but they will have to be put on a diet.
Cutting Off Trade Will Make the U.S. Poorer and China More Totalitarian
Politicians in both major parties see the People's Republic as an economic and military threat. But the real threat is an isolated China.
Price Controls Won't Build Homes in L.A.
California Gov. Gavin Newsom must allow prices to rise if he wants homes to be rebuilt as quickly as possible.
The FDA Proposes a De Facto Cigarette Ban, Which Would Expand the Disastrous War on Drugs
Mandating negligible nicotine levels in tobacco products would create a big black market and criminalize currently legal transactions.
The Way Out of Our Inflation Mess
For all the excitement about the incoming administration and a return to the 2019 economy, market stability rests on the precarious assumption that the government will eventually put its fiscal house in order.
Biden's Legacy: He Didn't Build That
After four years, the president leaves behind a long, expensive record of non-accomplishment.
Javier Milei Slashes Argentina's Inflation in Just 1 Year
Austerity measures and bold economic reforms led to the country's lowest inflation rate in over four years.
Trump's Inauguration Won't Change the Fact That People Dislike High Gas Prices
The incoming administration is grappling with uncomfortable political consequences of the tariffs Trump wants to impose.
California's Insurance Regulation Fixes Came Too Little, Too Late
Decades-old, voter-approved restrictions on insurers raising premiums have created a regulatory disaster to match the natural one.
When New Jersey Hiked Minimum Wages, Fast Food Prices Rose
If politicians want stuff to be more affordable, they should stop implementing policies that have the opposite effect.
Athletes Find New Way To Avoid Taxes
Restructured contracts may help franchises who have a certain competitive disadvantage.
Tyler Cowen: Why Do We Refuse To Learn From History?
Economist Tyler Cowen on historical lessons, populism today, and the philosophical debates within libertarianism.
Janet Yellen's Short-Term Thinking Could Cost the U.S. Big
The Treasury Secretary’s debt decisions during the pandemic locked in low rates—but only for two years. Now, taxpayers are paying the price.
Thank Jimmy Carter for Cheap Airfare
And also smartphones and FedEx, all of which were made possible by his push to abolish bad regulations.
Regulations Are Driving Up Ride-Sharing Prices in Washington, D.C.
City code protects incumbent transportation services by outlawing independent drivers.
Will 2025 Be the Year of U.S. Fiscal Sanity?
With inflation risks persisting and entitlement spending surging, the situation cannot be ignored. But we never should have gotten to this point to begin with.
Douglas Irwin: Why Trump's Tariff Plans Are Dangerous
The trade economist details the most alarming protectionist policies proposed by the incoming Trump administration.
With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.
Why the Race and Gender Politics of White Dudes for Harris Failed
It's still the economy, stupid.
Seattle's Minimum Wage Hike Hurts Workers
Increasing the cost of labor decreases the quantity of labor demanded.
Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career
It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.
Corpse President Says Companies Can't Do What They Want
Plus: Subway system crime by the numbers, Bernie Sanders' H-1B visa hate, surgeon general still stupid, and more...
Restaurant Reservation Markets Are Good. Outlawing Them Is Not.
Reselling restaurant reservations helps allocate seats to those who most want them.
