Articles from: Marginalrevolution.com
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Supply is elastic, installment #1637
Tyler Cowen, Marginalrevolution.com
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…
May 30, 2026, 5:18 AM
Quarantine sentences to ponder, that was then this is now edition…
Tyler Cowen, Marginalrevolution.com
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…
May 26, 2026, 5:53 PM
“Wokeness has peaked. What followed is worse.”
Tyler Cowen, Marginalrevolution.com
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…
May 19, 2026, 5:12 AM
Why are stock prices still so high?
Tyler Cowen, Marginalrevolution.com
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…
May 11, 2026, 5:58 PM
ICE has not improved U.S. labor markets
Tyler Cowen, Marginalrevolution.com
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…
May 6, 2026, 6:14 PM
Rose Farts and the Invisible Hand
Alex Tabarrok, Marginalrevolution.com
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 …
May 5, 2026, 11:21 AM
The Southern Poverty Law Center Indictment
Alex Tabarrok, Marginalrevolution.com
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…
May 4, 2026, 11:17 AM
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 …
Feb 22, 2026, 10:16 PM
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…
Feb 22, 2026, 7:25 AM
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…
Feb 21, 2026, 12:21 PM