Amazon is up first. It’s amazing that I actually have some agreement with AOC–why should we be subsidizing the dominant firm in the world? This has been interesting and illustrative as some politicians think that how you create good jobs in your area is to bribe a specific firm with special favors. Gov Cuomo and […]
Archives
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The New York Week in Political Economy
18 Feb 2019
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The Green War Economy
11 Feb 2019
This past Thursday Alexandria Ocasio-Cortez (AOC)’s Office released House Resolution 109 “Recognizing the duty of the Federal Government to create a Green New Deal”. According to the Resolution’s preamble many, if not all, contemporary socio-economic problems (insufficient provision of basic needs, wage stagnation, racial injustice, and a threat to national security, etc.) are caused or […]
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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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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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What to do with Elon, SEC style
15 Aug 2018
The WSJ’s Holman Jenkin’s reviewed the SEC’s tough problem with Elon Musk and Tesla in last night’s edition. The problem is that Elon has a pretty ugly relationship with the stock market, since while he has cultivated quite a passionate following for his own activities and dreams (leading to high stock prices), there are many […]
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Mr. Trump targets American Consumers and American Workers on behalf of special interests
01 Mar 2018
I love American Steel. And American Aluminum. I am a casual purchaser of metal, but frequently enough that I have an account at the local Dayton office of ALRO Steel. I am a novice welder and car builder, which means I need raw materials to work with. American metals are far higher quality to […]
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Trump Trolls for Trouble, but Trade Tricked him!
29 Jan 2018
Ok, I promise I’ll stop quite the # of posts with “TR”, but this is a good counter to the bad news on trade we discussed last week. On Friday of last week, the U.S. International Trade Commission dealt a blow to Cronyism, Mr. Trump and that largest of corporate cronies, the Boeing Corporation. In […]
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But don’t smile, you are too. Let’s get to the good losing first. This time of year, there will be many hopeful losers, as membership at Jenny Craig and health clubs will be on the rise. But that’s not the only way one can be a loser and be happy about it. I’m a real loser […]
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In his campaign, Mr. Trump said we were going to be so successful that we would get tired of winning. Count me as not yet weary. Over the last few weeks, there were two big stories with EPA which are worth highlighting. In general, Mr. Trump has gone with a full scale assault on the […]
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We haven’t really touched on the economy in a while, so I’ll briefly hit some of the latest news and invite your discussion in the comments. First up is the state of the markets. Many Berean readers know that I’m suspicious of the markets, and have been for years, since valuations by most conventional measures […]
Bert Wheeler
Jeff Haymond
Marc Clauson
Mark Caleb Smith
Tom Mach