15 articles
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…
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…
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 …
The excellent Patrick McKenzie has a very long Bits About Money post on the the Southern Poverty Law Center (SPLC) indictment. It is filled with details about bank operating procedures. I’m going to summarize. The post is divided into what I think of as two p…
In Modern Principles, Tyler and I show the invisible hand by telling the story of how the increase in oil prices in the 1970s encouraged millions of adjustments in how goods were produced and allocated, everything from an increased use of brick for driveways …
We provide the first causal, national empirical analysis of the labor market impacts of heightened immigration enforcement during the second Trump administration. Enforcement increased everywhere, but, we take advantage of the fact that the increases have bee…
That is the topic of my latest Free Press column, here is one excerpt, with the general theme that plenty is going well in the global economy: A second important fact is that American presidents, whether Democrat or Republican, usually have very little influe…
That is the topic of my latest column for The Free Press. Excerpt: It is important to distinguish between the positive side of wokeism and the unreasonable side. The positive side supported gay rights and discouraged racism in the public sphere. The unreason…
Trump administration officials, confronted by overlapping outbreaks of Ebola and the hantavirus, have taken a more aggressive approach to locking down potentially exposed people than in past outbreaks, surprising many public health experts… Dr. Jay Bhattachar…
With deadly precision, the Trump administration has launched dozens of attacks on small boats in the waters off South America, killing nearly 200 people in a campaign U.S. officials say is meant to curb the flow of illicit drugs to the United States. But almo…
Most Americans work in the service sector so it’s not surprising that most export-related jobs are in the service sector (The U.S. exports about $2.2 trillion of goods and $1.2 trillion of services, but services are more labor intensive than manufacturing so …
My name is Josh Neuman, and I’m writing from Buenos Aires, Argentina where Peter Thiel’s move is all over the news here. He lives in [redacted], only a xx minute drive from my own apartment in Recoleta. I want to pitch a piece…arguing that Thiel is right to b…
Kevin Bryan riffs on on my post The Nationalization of American Science. He is rightfully incensed: AT is right this is a red tape-filled science policy of “losers”. If you think “cut funds from DEI-driven professors in the small departments no one cares abou…
In 2024, China’s NMPA approved 83 new drugs, the FDA approved 50. China’s share of new commercial clinical trials jumped from 8% globally in 2013 to 30% in 2024, just behind the US at 35%. Last year, China-based Jiangsu Hengrui Pharmaceuticals overtook AstraZ…
In The Nationalization of American Science I warned that the Trump administration’s rewriting of the seemingly mundane Regulation for Federal Financial Assistance was a tremendous threat to America’s historically successful decentralized system of science fun…