As we close in this year’s mid-term elections, we hear a lot of claims that are fairly outrageous on both sides, but at least the Democrats are being honest: they want to increase taxes. If elected, they would like to raise capital gains taxes, corporate taxes, small business taxes, and more. Yet being honest on […]
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Trump enemy #1: The Fed?
22 Oct 2018
“I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally. Mr. Trump called the Federal Reserve his biggest threat last week, as the Fed continues its path toward interest rate normalization. […]
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Hat Tip to David French over at National Review. But its worth listing here too. You probably have heard that Mrs. Clinton says Democrats shouldn’t be civil to Republicans, since they (R’s) are trying to destroy everything that D’s believe in. Eric Holder, in a campaign rally, suggested Mrs. Obama’s famous call, “they go low, […]
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I was asked a few posts ago if Mr. Trump could do anything right economically that we’d agree with. Well, Mr. Trump continues to make it hard, because he constantly proves the point he’s in favor of business, not markets in general. Going into election 2018, Mr. Trump feels the need to help protect Republican […]
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The Corrupting Influence of Mr. Trump
04 Oct 2018
Like many of our readers (and Americans generally), I like many of the President’s policies, and I like some aspects of his behavior. His willingness to break the mold and stir the pot a different way is in many respects positive–challenging alliances with blunt talk, being willing to challenge sacrosanct but corrupt international institutions, refusing […]
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Who’s “Protected” By Tariffs?
01 Oct 2018
This afternoon I’m prepping for our Intermediate Microeconomics class, and I’m re-reading Hazlitt’s Economics in One Lesson. I choose to assign this book because in the complexities of economic theory that a standard Intermediate Microeconomics course entails, we must not lose sight of the essence of economics, seeing the unseen. Thus today’s chapter is in the title, […]
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We’ve posted earlier on some of the perverse results and unintended consequences of Mr. Trump’s trade policies, but today’s WSJ highlights yet more. First, aluminum producers are finding their profits down even while aluminum prices are up, because the integrated global economy and the current division of labor have critical inputs whose prices are driven […]
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As suggested in last week’s post, acrimony and ugliness continue to be the norm as the week progressed, unfortunately to include some comments in this blog. Predictably, those with preconceived biases in favor of or against Mr. Kavanaugh generally weighed in with moral cases that buttressed their positions. For those generally in favor of Mr. […]
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“I Believe You Christine Ford”
17 Sep 2018
So rings the many voices on the many media platforms of our age. Consider this one: Christine Blasey Ford, I believe you. I believed you before I knew who you were, before you revealed your name. I believed you before the details of sexual assault allegations against Supreme Court nominee Brett Kavanaugh were revealed. Goldie Taylor […]
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Reagan Vs. Trump on Trade
10 Sep 2018
Not much analysis needed here: HT to Greg Mankiw. Mr. Reagan had his own flaws, even on trade. Yet his convictions were always in the right direction, as this piece clearly articulates. All we know for sure is that aside from their difference in morals, Mr. Trump is no Reaganite. Mr. Sasse, are you ready […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach