No Divorce From China
Plus: Homeless encampments in California, taxing university endowments, and more...
Economy
Tariffs Won't Fix What's Ailing American Men in the Work Force
If anything, they sabotage the very forces—dynamism, adaptability, innovation—that create the economic opportunities struggling workers need.
How Tariffs Could Cause Shortages in American Stores
A sharp decline in ocean freight from China during April is a sign of the supply chain issues that will begin hitting in May.
Tariffs Helped Wreck the Economy in the 1930s. Why Is Trump Making the Same Mistake?
Far from delivering industrial renewal, Trump's tariffs have already led to layoffs at manufacturing plants.
IMF Report: Trump Trade War Will Hurt Both U.S. and Global Economies
Predictions for U.S. and global economic growth are down since January.
Trump's Tariffs Are Starting To Kill Jobs
Goldman Sachs estimates that the tariffs will create about 100,000 manufacturing jobs while destroying 500,000 others. In Pennsylvania, it's already starting.
Jason Furman: Why Everyone Is Wrong About the Economy
Former Obama administration economic adviser Jason Furman explains why both major parties have abandoned economic reality in favor of political fantasy.
The Administration Is Playing Dumb
Plus: Cuomo gains traction, inside Elon Musk's paternity deals, Rumsfeld sass, and more...
Even on Pause, Trump's Trade War Runs Up a Big Price Tag
Predictions vary as to the ultimate cost, but there’s no doubt that tariffs create economic pain.
Tariffs Failed in the Middle East—America Shouldn't Make the Same Mistake
Protectionism in Egypt and Iraq fueled corruption, stagnation, and smuggling—not prosperity.
Markets Rally as Trump Pauses Tariffs. Should Presidents Have This Much Power?
In the span of a week, Trump cratered the stock market and brought it much of the way back, with little more than public statements.
Argentina Strikes $20 Billion Deal With IMF To Fuel Milei's Reforms
The IMF says the deal builds on "impressive early progress in stabilizing the economy."
Trump's Tariffs: It's Not Just the Stock Market That's In Trouble
The president is raising taxes, hiking prices, and creating supply chain chaos. Congress should act quickly to stop this.
Sellouts and Selloffs
Plus: A deportation fight, pussy hats in Maine, antagonizing Brown University, and more...
White House Cites Tariff Reports That Undermine Its Own Claims
Attempting to defend Trump's tariffs, the White House points to studies that show they raise prices, cut manufacturing output, and lead to costly retaliation.
Trump's Tariffs Target Uninhabited Islands, Economic Dead Zones, and Individual Regions of France
The nonsensical list of territories subject to the White House's new "reciprocal" tariffs shows how amateurish the administration's new trade policy is.
No, the U.S. Industrial Base Is Not Collapsing
Our manufacturing output, even adjusted for inflation, is near all-time highs.
Uncertain Tariffs Make Beauty a Lot Uglier
After contending with COVID-era inflation, the beauty industry and consumers face more supply disruptions and price hikes under Trump’s trade war.
Immigrants Are a Boon to the U.S. Economy
Studies have continuously shown that migrants create more jobs than they destroy.
Is Trump's Trade War Causing a Recession?
The Atlanta Fed’s GDPNow forecast plunged into recessionary territory, stocks wiped out $4 trillion in value, and consumers are pulling back. How long will Washington ignore the warning signs?
Tariffs Raise Prices, Spark Conflicts, and Make Everyone Poorer
We rely on Canadian energy and lumber, and Canadians rely on our products. It's the proverbial win-win.
Ecuador's Second Presidential Election of 2025
Incumbent Daniel Noboa and challenger Luisa González have different economic visions, but both support militaristic crime policies.
America Is Beating Europe
A popular narrative says Europeans are better off because of increased regulation. Reality paints a different picture.
Trump Promised To Lower Prices. Will Congress Help Him Deliver?
At the current rate of inflation, the dollar will lose 33 cents of purchasing power within a decade.
Why Do 36 Percent of Americans Have a Positive View of Socialism?
Socialism promises many things and claims to prioritize people over profits. But what people actually get is different.
Trump Administration Moves To Streamline Environmental Reviews
From forest restoration to energy infrastructure, NEPA delays projects that would benefit the economy and environment.
Trump's New Tariffs on Steel, Aluminum Won't Help American Manufacturing
And it's not about "fairness." Quite the opposite, actually.
Trade Wars That Never Happen Still Have Costs
One CEO says the uncertainty created by Trump's chaotic trade policies is "reminiscent of the adjustments we had to make during Covid-19."
Washington's Debt Delusion: Economic Growth Cannot Fix the Deficit
Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.
This Trump Appointee Could Bring Fiscal Sanity to the White House
"Personnel is policy" has shaped past administrations. Kevin Hassett, who has been tapped to lead the National Economic Council, will have a hand in tax reform, debt reduction, and more.
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.
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.
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.
The U.S. Tax Code Is Way Too Complex. Here's How To Fix It.
The high cost of complying with our tax code encourages wasteful tax avoidance strategies and distorts work and investment decisions.
Betting on Bessent
Plus: Pregnant law student fights a holy war, NYC officials are trying to ruin your holidays, and more...
Trump's First Term Wasn't Fiscally Responsible. Will His Second Be Different?
Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.
Kamala's California Problem
As skyrocketing costs and mass exoduses define the Golden State, Democrats face a crucial reckoning.
Central Planning Won Big on Election Night
The bipartisan embrace of industrial policy represents one of the most dangerous economic illusions of our time.
Don't Blame Me for Not Voting for Your Unbelievably Rotten Candidate
Donald Trump and Kamala Harris are polling terribly because they are terrible people representing terrible parties.
Countries With Economic Freedom Are Far Better Off
Even the poorest citizens of free countries fare better than the middle classes in economically repressive nations.
Are American Living Standards In Decline?
David Leonhardt and John Early debate stagnation, inequality, and how people feel about the economy.
The 'Degrowth' Mentality Promises a World of Poverty and Misery
Market-based economies create incentives that unleash human creativity and provide incredible abundance.
Donald Trump and Kamala Harris Keep Making Economically Illiterate Promises
These policies may sound good on paper—but they would be disastrous in reality.
Biden and Harris' Record on Spending and Debt Is a Tragedy of Epic Proportion
When they entered the White House, the budget deficit was a pandemic-influenced $2.3 trillion, and it was set to fall to $905 billion by 2024. It's now twice what it was supposed to be.
I Did Business With China, and America Won
Everyone benefited when I manufactured my invention in China, but Americans benefited more.
Trump's Deportation Plan Would Cost Nearly $1 Trillion
And it would wreck the economy.
