Tag: Economics

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Walt Disney is rightly a role model for budding entrepreneurs and youngsters with unfocused potential. But left unsaid in this Prager University video: for every industry titan like Disney, a thousand entrepreneurs fail or meet with middling success. More

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Four of the Dow Jones’ greatest single-day swings occurred in a one-week stretch in February. Was it an aberration, or the new normal in the Trump economy? John Cochrane, the Hoover Institution’s Jack and Rose-Marie Anderson Senior Fellow and purveyor of The Grumpy Economist blog, assesses the health of the financial markets and other economic […]

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Richard Epstein contrasts two recent actions by the Trump Administration — the imposition of tariffs on steel and aluminum, and the blocking of a foreign company’s attempts to take over an American tech firm — to demonstrate when national security concerns justify restrictions on trade … and when they don’t. More

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China is a big player in economic and geopolitical matters, including trade, global aspirations, and finding a solution to the escalating tensions with North Korea. Michael Auslin, Hoover’s inaugural Williams-Griffis Fellow in Contemporary Asia, discusses North Korea, China, trade wars, tariffs, ICBMs, China’s one belt one road plan to link the infrastructure and trade of […]

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Victor Davis Hanson considers the accomplishments of the Trump Administration’s first year, looks at the president’s shortcomings, and assesses what’s next for both the Democratic opposition and Never Trump Republicans. More

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Richard Epstein opines on whether Donald Trump or Barack Obama deserves more credit for the current economic expansion, then tackles the policy agenda the president laid out in his State of the Union address. More

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Victor Davis Hanson describes how Donald Trump is systematically dismantling the legacy of the Obama Administration … and explains why it’s paying such rich dividends for the country. More

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Richard Epstein examines the deregulatory progress being made by the Trump Administration, explains the new tax law’s implication for blue states, and imagines the consequences of a world in which the US withdraws from NAFTA. More

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I (and many others) have been saying for a while now that America is set to enter a “hell period” sometime around 2018-2022, as the so-called “demographic mismatch” between a large cohort of retiring white Boomers and an electorate that is trending less so really starts to bite. To my knowledge, most countries do not […]

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Hey, Media—You SUCK! And here on the Michael In The Morning podcast, we’ve got the numbers to prove it. National Review’s Rich Lowry and Yuval Levin, editor of National Affairs each weigh in on the costs and benefits of Trump’s first year. More

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It’s the DIY “How to Survive The Coming Tax-Cut Apocalypse” edition of the podcast, with special guests Nancy Pelosi and Elizabeth Warren. This is Armageddon, folks! Media liberals have discovered that while they were whining, Donald Trump was winning More

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It’s trite for us to complain about press bias, but we repeat it so often because it’s usually true. Sometimes, at least, it’s funny. I just got this New York Times alert of the wonderful addition of hundreds of thousands of jobs to the economy this month. I love how they go out of their […]

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I’ve convinced a liberal friend of mine to meet next week to talk about my view of economics. This comes after he ended a Facebook post on the Senate tax legislation with the rhetorical question “Why would you vote for someone who votes for Supply-Side bull…?”   More

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So I read this book, The City On The Heights. Without edging too far into spoiler territory, it’s a work of alternative (recent) history which starts in Mosul and ends in the Golan Heights. It is written from a number of points of view – including a Jihadi’s . What was remarkable was that it’s […]

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Richard Epstein reacts to the tax plan released by congressional Republicans and explains what steps are most essential for jumpstarting economic growth. More

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I feel selfish, because I haven’t shared sales of potentially great nonfiction recently. By the time I get a chance to start a new post, I’m out of energy for the day. But, you’re in luck, because I have both time and inclination right now. Today’s interesting offering (as typical for these sales, at a […]

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Richard Epstein responds to the Trump Administration’s proposals for revising NAFTA, answers some frequent criticisms of free trade, and explains whether a legal challenge to a NAFTA withdrawal would hold up in court. More

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Dr. Art Laffer and Michelle Balconi on Tax Reform

 
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Richard Epstein explains the contents of President Trump’s new executive order on healthcare, explores the controversy around a White House proposal to cut subsidies to insurers, and explains why conservatives who fretted about President Obama’s use of executive orders shouldn’t be bothered by this exercise of executive power. More

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Richard Epstein grades the Trump Administration’s proposal for tax reform, explains the first principles of effective tax systems, and challenges the notion that progressivity is essential to an equitable tax code. More

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