Trump and the Danger of Hoover-Style Trade Policy

Trump and the Danger of Hoover-Style Trade Policy

There were many policy mistakes that contributed to the Great Depression. Monetary Policy presumably deserves the lion’s share of the blame, but politicians also increased the fiscal burden of government and radically expanded the amount of regulatory intervention....
Politician of the Year?

Politician of the Year?

Back in 2016, I had an informal “politician of the year” contest. The three candidates were: The Prime Minister of Malaysia, who took normal cronyist corruption and added several zeroes to the total. The president of the Philippines, because he announced to voters...
The Economic Cost of Protectionism

The Economic Cost of Protectionism

I get offended when I hear people argue that Donald Trump is another Ronald Reagan. I’m not saying that out of animosity to the President. I also got offended when people compared Bush 41 or Bush 43 to Reagan. I realize Reagan was not perfect, but I think he genuinely...