There is little reason to doubt that Trump will use tariffs and their application as a tool to reward friends and punish his political enemies. After all, vengefulness is the one principle that Trump has adhered to consistently

The first and most basic point is that in nearly all cases drugs would be cheap. Drugs are very rarely expensive to manufacture

Some events give extraordinary insights into the biases of the economics profession. The trade war with China clearly fit the bill

This is yet another policy the U.S. government is pursuing that will increase inequality

A two-to-one ratio of Black unemployment to white unemployment is a national outrage

If the cost of health care inputs in the U.S. were in line with other wealthy countries, the government would already be paying almost enough to cover the cost of Medicare for All

There is an awful lot of nonsense that passes as serious analysis within economics. For cheap fun, I thought I would use a nice spring afternoon to highlight some of my favorites

While it is still quite far from becoming law in even an optimistic scenario, it is certainly now treated as serious political position

A Winnable Battle Our Side Doesn’t Want to Fight

The rich wrote the rules in ways that ensure that they get a disproportionate share of income. We have to attack these rules