Tweet … is from the Declaration of Independence, the author of which was born on this date – April 13th – in 1743 in Shadwell, Virginia: The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world…. [His offenses include] cutting off our Trade with all parts […]

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Chris Edwards With a bloated cost structure and falling demand for its products, the US Postal Service (USPS) is in trouble. I contend that privatizing the agency is the best way forward, and President Trump seems open to the idea. Currently, the president’s DOGE team is digging into USPS operations to find cost savings. A recent report on foreign postal systems provides reform ideas for the president and Congress to consider. The USPS Inspector General (IG) compared the postal systems […]

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“This is economic sabotage. Whether through malice or incompetence or, more likely, both Trump is isolating the United States on the world stage, tanking the markets, worsening inflation, and burdening working families with the cost of his 18th-century cosplay. These aren’t policies. They’re performance art. And the rest of us are footing the bill.”—Oregon’s Bay Area (blog post) What we’re witnessing is the calculated use of emergency powers to concentrate power in the hands of the president, enrich the […]

Philip G. Hoxie When it comes to trade, other countries are quite literally sending us their best. As I discussed in my recent essay, the costs of shipping goods from country to country means that higher value goods from more productive firms are more likely to be traded. This is called selection into trade, an idea pioneered by economist Mark Melitz. Selection into trade arises because when a good is traded from an exporting country to an importing country, […]

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Palladium has put in its eight year cycle, low and gold agrees Nobody does videos on palladium so I figured we would. A comprehensive analysis describing why I genuinely believe there is a 90+% chance that palladium is an absolute buy, as it has finally put in an 8 year cycle low, 2 years after gold- Nonetheless, palladium closely and consistently follows similar, nearly exact 8 year cycles as gold, only at different periods in time Thanks and […]

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Tweet … is from page 70 of Art Carden’s and GMU Econ alum Caleb Fuller’s new book, Mere Economics (original emphasis): But what about those American workers who lost their jobs? Benefits to other Americans are probably cold comfort for textile worker struggling to pay the rent. We still think the move to free trade is justified for four reasons. First, others’ gains become opportunities elsewhere, including opportunities for their descendants, and we’re not sure it’s fair to […]

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On his first day as president, Trump signed an executive order to suspend the United States Refugee Admissions Program (USRAP), barring potentially thousands of Christian refugees from entering the United States.

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As the 2024 campaign neared its send, candidate Donald Trump began promising that, if elected, he would support the elimination of income taxes. Shortly after he was sworn in, Trump then began saying he planned to abolish the Internal Revenue Service. The Trump team claimed in each case that it could raise enough tax revenue from tariffs to replace tax revenue from income taxes. By March, however, Trump began backtracking, and his administration announced that the new goal was […]

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