There's no evidence that occupational licensing achieves its stated objectives and abundant evidence that it harms labor mobility and low-income entrepreneurship. Here are some better solutions that would actually work.
For all his talk of tax cuts, Trump doesn't seem to have a problem imposing new taxes. His latest is a 20% tax on Americans importing lumber from Canada. This is a favor for special interests at the expense of consumers.
Michigan senators have introduced the "Make It In Michigan Act." If successful, "Make It In Flint/Detroit Acts" will follow next.
Well, not really. The democratic Michigan senators (Debbie Stabenow and Gary Peters) are actually co-sponsoring the “Make It In America Act.” But to help illustrate how economically nonsensical the “Make It In America Act” is, I’ve taken the liberty here of doing some editing to a recent news report.
President Trump’s first speech to Congress was filled with optimism for the future, a genuine sense of destiny for what Trump describes as America’s internal greatness, a few but generally well chosen words on America’s role in engaging with the world and a tough line on protectionism as well as law and order.
Unlike many of Trump’s one-dimensional critics, Trump knows the difference between clarifying false stories on Twitter, attacking the fake news media who constantly attack and lie about him, and a dignified speech to the nation from Congress.
President Trump’s first speech to Congress has received generally favourable reviews from all but his most relentless critics, with the speech referred to as “conventional” and “Presidential” in contrast to his Inaugural Address.
The story of Donald Trump’s supposed connections to Russia has all the glamour of a spy movie, which is one reason why it makes world headlines. With the publication of the Trump Dossier even the sex – an indispensable element of any good spy movie – is there. The fact the story has so many of the elements of a good spy movie in itself however shows that it is fiction, and therefore fake.
In one of his very first actions as President, Donald Trump has signed an Executive Order pulling the US out of the Trans Pacific Partnership (“TPP”).
US officialdom and their media megaphones have systematically concocted narratives having less to do with political reality and more with their hallucinogenic world view. Pre-election and post-election reportage weaves a tapestry of fiction and fantasy.
We will discuss the most pernicious of these remarkable foibles and fables and their predictable failures.
To the uninitiated, nothing may be more boring than economics, and especially international trade talks. I know that because 15 years ago I was one of the uninitiated.
