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I guess Mexico is solving for the equilibrium?

I guess Mexico is solving for the equilibrium?

Tyler Cowen, Marginalrevolution.com

For some while I have wondered what would happen if the U.S. military sought to assist Mexico in taking out one of the top drug lords.  I suppose now we are finding out.  A few points: 1. There is a good chance a few more drug lords will be hit.  It makes no …

Foreign Policy & InternationalMexicoSecurity & IntelligenceMilitary

Feb 22, 2026, 10:16 PM

How to make sense of the U.S. Iran strategy

How to make sense of the U.S. Iran strategy

Tyler Cowen, Marginalrevolution.com

I am not saying it is a good strategy, I genuinely do not know.  But the people behind the scenes, what are they thinking?  Did we not just, not too long ago, take out or at least disable some big chunk of the Iranian nuclear assets?  So what are we going aft…

Iran

Feb 22, 2026, 7:25 AM

Why the “Lesser Included Action” Argument for IEEPA Tariffs Fails

Why the “Lesser Included Action” Argument for IEEPA Tariffs Fails

Alex Tabarrok, Marginalrevolution.com

The Supreme Court yesterday struck down Trump’s IEEPA tariffs, holding that the statute’s authorization to “regulate… importation” doesn’t include the power to impose tariffs. The majority’s strongest argument is simple: every time Congress actually delegates…

Legal & JusticeTradeTariff Economic Impact

Feb 21, 2026, 12:21 PM

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