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  • January 14, 2019
    Blog
    Trade War with China Slashed U.S. Exports 26.3% as U.S. Imports Rose 38.5%
    The Trump Administration’s trade warfare with China began in earnest last March 22 (following steel and aluminum tariffs that primarily hit other countries). U.S. and Chinese tariffs on each other’s goods then escalated repeatedly through September 18 with threats of much more the same by March 1 of this year.
    By Alan Reynolds
  • January 14, 2019
    Blog
    Government Octopus Threatens Economy
    As the government shutdown drags on, it is starting to damage activities across the economy because federal tentacles are in everything. But we better get used to it because with rising deficits and growing partisan discord such disruptions will probably become more frequent and damaging.
    By Chris Edwards
  • January 11, 2019
    Blog
    U.S. Corporate Tax Rate Still Too High
    Democrats are making waves in tax policy by promising to reverse some of the 2017 Republican reforms. Rep. Alexandria Ocasio‐​Cortez called for raising the top federal individual income tax rate to 70 percent, which was the rate before Ronald …
    By Chris Edwards
  • January 11, 2019
    The Hill (Online)
    South Korea President Faces His Toughest Opponent Yet: His Own Economy
    … to jump‐​start the economy. In a New Year’s address, he defended what he termed a “people‐​centered economy policy.” But he simultaneously emphasized innovation as necessary to “make it possible to transform the fast‐​follower model economy into …
    By Doug Bandow
  • January 10, 2019
    Blog
    DEFENSE DOWNLOAD: Week of 1/10/19
    … world of defense politics every week. The three‐​to‐​five trending stories will vary depending on the news cycle, what policymakers are talking about, and will pull from all sides of the political spectrum. If you would like to recieve …
    By Caroline Dorminey
  • January 10, 2019
    American Conservative
    Mitt Romney, Commander of the Fake Internationalists
    … Romney offers only cliched neoconservative bromides to the many heartbroken communities across the nation.” However, The Blob, which dominates foreign policy under both parties, poses an even larger problem. These policymakers consider permanent war to be America’s natural condition …
    By Doug Bandow
  • January 10, 2019
    Blog
    Announcing Alternative Money University Round Two
    … 2019. As followers of Alt-M know well, now is an exciting time to study topics of monetary economics and policy. After years of unconventional monetary policy, the Federal Reserve and other central banks are continuing policy normalization agendas, including …
    By Tyler Whirty
  • January 9, 2019
    Reason
    No, Economists Don’t Agree a 70 Percent Top Marginal Tax Rate Is a Good Idea
    … with extrapolating from this theoretical calculation. First, what if one thinks the welfare of the rich is actually an important policy consideration? According to a paper by Jonathan Gruber and Emmanuel Saez, if we instead pursued a “compassionate conservative” agenda …
    By Ryan Bourne
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