How Britain's Protectionist Trade Policies Created Valley Forge
The site of George Washington's famed winter encampment might not have existed without colonial-era iron regulations.
The site of George Washington's famed winter encampment might not have existed without colonial-era iron regulations.
Three libertarians—Dave Smith, J.D. Tuccille, and Liz Wolfe—revisit their reluctant votes for Trump, weighing the promises, chaos, and consequences of his second term so far.
Residents of the United Kingdom will get lower tariffs, while Americans are stuck paying higher ones.
The right number of dolls? As many as your kid wants.
Co-founder of AQR Capital Management, Cliff Asness, discusses the decline of market efficiency, the dangers of populist economics, and his libertarian outlook on capitalism.
America is not a department store. And no successful department store would be following Trump's antitrade strategy.
Steve Inskeep of NPR interviewed me about the case against Trump's "Liberation Day" tariffs.
"I've been very vocal about congressional authority under a Democratic president or now under a Republican president," the Washington state congresswoman tells Reason.
Sex toys, blenders, baby strollers, microwaves, hair dryers, and other affordable goods that Americans take for granted could soon be in short supply.
Plus: Alcatraz reopening, Bukele corruption scandal, assisted suicide, and more...
This is a key issue in cases seeking to limit executive branch power grabs, including Trump's tariffs. Judge Ryan Nelson (a conservative Trump appointee) explains why the president is not exempt from the doctrine.
By giving one man the power to impose massive tariffs anytime he wants, Trump's policy undermines the predictability and impartiality that the rule of law requires.
Trump's comment about how "dolls" will "cost a couple of bucks more" is the latest in a long trend of nationalist conservatives disparaging affordable stuff.
The Justice Department is pursuing an antitrust policy inspired by Oren Cass and members of the New Right.
If anything, they sabotage the very forces—dynamism, adaptability, innovation—that create the economic opportunities struggling workers need.
There's nothing "hostile and political" about informing the public of the negative consequences of poor economic policy.
Sen. Rand Paul's attempt to end the non-existent economic emergency failed to pass the Senate on Wednesday night.
I was interviewed by attorney/podcaster Irina Tsukerman.
"Maybe the children will have two dolls instead of 30 dolls," Trump said Wednesday. "And maybe the two dolls will cost a couple bucks more than they would normally.”
Consumers and businesses are already experiencing higher prices and economic pain.
The president’s sweeping import levies have no basis in the statute he cites.
Export controls on advanced chips and AI models hold back innovation and hurt American businesses.
So much for unleashing American energy.
Trade and immigration are areas where Trump operates most like a criminal autocrat.
Plus: A listener asks about possible book club books that are "subtly libertarian."
A sharp decline in ocean freight from China during April is a sign of the supply chain issues that will begin hitting in May.
We also covered the issue of the administration's failure to properly obey court orders and the looming threat of a "constitutional crisis."
PLF is a leading libertarian-leaning public interest organization. Their case is similar to that filed by Liberty Justice Center and myself.
Small businesses and a dozen states have filed a pair of lawsuits challenging Trump's authority to impose tariffs on board games, clothes, and lots of other things.
There isn't much public enthusiasm for the president's chaotic style.
Far from delivering industrial renewal, Trump's tariffs have already led to layoffs at manufacturing plants.
Reason interviewed five signatories of the Anti-Tariff Declaration to learn why they oppose tariffs and support free trade.
The suit resembles previous ones on the same subject filed by the state of California, and by the Liberty Justice Center and myself.
Signers include Steve Calabresi, Harold Koh, Richard Epstein, Michael McConnell, Alan Sykes, former Attorney General Michael Mukasey, and others.
More lobbyists are spending more money to influence trade policy. The swamp is having a great time during the trade war.
Predictions for U.S. and global economic growth are down since January.
"Tariffs will have an influence on the total price," one of the project's construction partners said.
Scenes from a trade war.
The White House's trade policy is totally scrambled.
The motion was filed today, and sets out our case in detail.
It explains why the IEEPA "Liberation Day" tariffs are illegal and how our case against them relates to the other three cases challenging Trup's tariffs.
Goldman Sachs estimates that the tariffs will create about 100,000 manufacturing jobs while destroying 500,000 others. In Pennsylvania, it's already starting.
Only time will tell if America heeds their clarion call.
Even if Trump were a font of intelligence and wisdom (and he's not), no one person should be directing any country's economy.
The Danger Zone co-author joins the show to discuss China's peaking power, and why that actually makes them more dangerous.
The Liberty Justice Center and I filed the case on Monday.
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