Mr. Trump rightly noted that any healthcare reform, to be effective: it must be the plan they want, not the plan forced on them by the Government. I like this principle. But this leads to a natural follow-on question. If it is good for Americans to be able to buy the health care plan they […]
Archives
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Quick ? for Mr. Trump based on his speech
01 Mar 2017
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As I’ve shared before, I am excited by some of Mr. Trump’s economic agenda, and his executive orders even this week on regulation are a great first step toward unleashing the American economy. When I consider our budget issues going forward, the best way to enable any other necessary change is for faster economic growth. […]
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An Exile in Trumplandia and The Road to Serfdom
08 Feb 2017
Illiberal. That one word, expresses my primary fear about President Donald J Trump. Yesterday I posted An Exile in Trumplandia Discovers Twitter which I hope partially illustrates our president’s response to some of the institutional pushback he is seeing. When I use the word “liberal”, I am not using the word to mean government control, as “liberal” has […]
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The Trump(et) Sounds
21 Jan 2017
Well, Donald Trump is now officially our president. He delivered an interesting and a bit controversial inaugural speech yesterday, which I would like to try my hand at analyzing. Before I do, may I mention others’ comments on it. George Will called it “a most dreadful inaugural address” (National Review Online, January 21, 2017) and […]
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Trump’s Trumps
15 Dec 2016
A new controversy–well, not really new, just renewed–has now taken the stage regarding President-Elect Donald Trump’s transition. This one concerns the “flavor” of his cabinet choices, taken collectively. The media and Democrats are trying to figure out (1) what they tell us about Trump and (2) what the supporter–stakeholders think about the choices. Those are […]
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Talking Trade – I, Woollen Coat
16 Nov 2016
During the campaign, president-elect Trump was occasionally Narcissistic, evidenced political Inexperience, was sometimes Thin-skinned, and often Short tempered (NITS). However, his acceptance speech sought “… to bind the wounds of division”. Since the election he has had a long meeting with President Obama and has been conferring with members of the Republican Party. Donald J. Trump has […]
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Mr. Trump blames bad trade deals as helping the Chinese profit at the U.S.’s expense. Undoubtedly we could have better trade deals, if we made them one-page long rather than the monstrosities that Washington normally cooks up. Nevertheless, I remain convinced that on balance free trade agreements are beneficial, leading to higher standards of living […]
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Do immigrants import their economic (and political) destiny? And is there any correlation between a past (in some nation) that is anti-market, undemocratic, untrusting and the present state of the nations to which they have migrated in sufficient numbers? That first sentence is the title of an article in Evonomics: The Next Evolution of Economics, […]
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The Great Enrichment and Inequality
12 Aug 2016
I have been reading the third in a trilogy of books by Deidre McCloskey on economic history and economic thought, but each one having a powerful point of application for our economy and our well-being today. The trilogy is massive, running to about 2,000 pages in three volumes. This third volume is Bourgeois Equality (University […]
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I have so far avoided taking any position on the two main candidates for president. For my colleague Mark Smith, don’t worry, I will. I intend to continue the path of avoidance in this blog. Today I would like to examine and evaluate each candidate’s economic program. I say nothing about their personal morality, or […]