As a long time fan of @economist.com going back to the last century, when James Callahan was PM (yes, that old!), it's a thrill to appear in print on their pages. Revised version of a web essay on the Supreme Court decision.
03.03.2026 19:06 β
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Kelvin's dictum, etched on the University of Chicago Social Science building: "when you cannot measure, your knowledge is meager and unsatisfactory." To which Jacob Viner replied,"And when you can measure, your knowledge is meager and unsatisfactory."
02.03.2026 22:21 β
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Do Trump's Tariffs Make Sense?
A super timely listen, @douglasirwin.bsky.social
delivers a fantastic lecture, "Do Trump's Tariffs Make Sense?" as part of our #HayekLecture series.
hope.econ.duke.edu/do-trumps-ta...
23.02.2026 21:32 β
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Come on @alanbeattie.bsky.social , don't mince words, tell us what you really think...
27.02.2026 11:18 β
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We need to make @douglasirwin.bsky.social's books required reading for schoolchildren and presidents.
13.01.2026 21:08 β
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This is a historic day for trade policy. Background here ‡οΈ
05.11.2025 14:16 β
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In about an hour, you can listen to the Supreme Court oral arguments in the IEEPA tariff cases here:
www.supremecourt.gov/oral_argumen...
I doubt we'll hear anything new and interesting in the parties' arguments, but if the justices ask anything that seems worth noting, I'll try to note it here.
05.11.2025 13:59 β
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Opinion | The Canadians Are Right About Reagan and Free Trade
"In countless speeches, radio addresses, and policy actions, Reagan assailed the costs of protection and hailed the virtues of free trade.β Economics professor @douglasirwin.bsky.social shows how President Trump is rebranding Reaganβs free trade legacy in an opinion piece in the @nytimes.com.
03.11.2025 19:45 β
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Opinion | The Canadians Are Right About Reagan and Free Trade
Excellent piece from @douglasirwin.bsky.social
Reagan: "We should beware of the demagogues who are ready to declare a trade war against our friends β weakening our economy, our national security and the entire free world β all while cynically waving the American flag
www.nytimes.com/2025/10/29/o...
29.10.2025 18:31 β
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Opinion | The Canadians Are Right About Reagan and Free Trade
www.nytimes.com/2025/10/29/o...
Want to understand Reagan's trade policies? You have to understand the three P's: principles, pragmatism, and politics....
29.10.2025 11:47 β
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More on Reagan v Trump on tariffs
www.wsj.com/opinion/reag...
26.10.2025 23:45 β
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On 2, check out Clashing over Commerce by @douglasirwin.bsky.social at p 574, quoting administration adviser Bill Niskanen: The Reagan administration's strategy was "to build a five-foot trade wall in order to deter a ten-foot wall [that would have been] established by Congress."
25.10.2025 20:10 β
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Opinion | Ronald Reagan Was No Protectionist
He agreed to cap Japanese auto imports in 1981 but hated the deal and did it only as a compromise.
Yes, he was a free trader but did a strategic retreat in his first term under the pressure of the recession and Congress
www.wsj.com/opinion/rona...
24.10.2025 18:30 β
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Anne Krueger political economy of the rent seeking society in action in Argentina
24.10.2025 12:25 β
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"Openness is a driver of growth." New Nobel laureate in economics Philippe Aghion is pro-trade and anti-tariff . . . go figure!
14.10.2025 13:12 β
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Joel Mokyr: What Today's Economic Gloomsayers Are Missing
In The Wall Street Journal, Joel Mokyr writes that science is enabling invention like never before and in ways that will improve life but isn't captured by GDP statistics.
"The responsibility of economic historians is to remind the world what things were like before 1800. Growth was imperceptibly slow, and the vast bulk of the population was so poor that a harvest failure would kill millions." - Joel Mokyr
www.wsj.com/articles/joe...
14.10.2025 13:09 β
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Another excellent episode . . . .where can I read more about Labour politics in the 1970s and 1980s, and Militant in particular? Any recommendations? Thank you!
30.09.2025 15:26 β
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U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China
The US Constitution forbids export taxes but I guess this payment isn't a "tax" but a payout....π€ www.nytimes.com/2025/08/10/t...
11.08.2025 00:07 β
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On cue . .
30.07.2025 14:15 β
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Some great lines from @davidfrum.bsky.social
"There is no socialist way to create wealth. There is only a socialist way to spend wealth."
"While Trumpβs behavior discredits markets, his rhetoric vilifies markets."
& more . . .
www.theatlantic.com/ideas/archiv...
28.07.2025 01:13 β
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History of Tariffs
Professors Douglas Irwin (Dartmouth College), Sharon Ann Murphy (Providence College), and Eric Rauchway (University of California, Davis) discussed how the federal government historically has implemen...
Watch the AHAβs Congressional Briefing on the history of tariffs on C-SPAN. Panelists @douglasirwin.bsky.social, @sharonannmurphy.bsky.social, & @rauchway.bsky.social discussed how the government has implemented tariffs in the past & how they have impacted the economy. ποΈ
24.06.2025 16:15 β
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AHA Congressional Briefing: History of Tariffs β AHA
The American Historical Association (AHA) will host a Congressional Briefing offering historical perspectives on tariffs.Β The briefing will take place on Wednesday, June 11, at 9:00 a.m. ET in Rayburn...
Tomorrow, on 6/11, the AHA will host a Congressional Briefing offering historical perspectives on tariffs. Panelists @douglasirwin.bsky.social, @sharonannmurphy.bsky.social, & @rauchway.bsky.social will discuss how the govt. has implemented tariffs in the past, & how they have impacted the economy.ποΈ
10.06.2025 14:54 β
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