Biden is blurring the lines between economic policy and military action.
The U.S. tariff code is "quite regressive and somewhat misogynist" because the most powerful lobbyist in Washington is muscle memory.
A combination of "absurdly high" federal tariffs and excessive FDA regulations created the conditions for a crisis.
"Government in general does a lot of things that aren't necessary," says Jared Polis.
The Commerce Department and the International Trade Commission are considering a petition that would impose tariffs of up to 300 percent on tinplate steel.
China and the U.S. are locked in a mutually destructive economic conflict.
Many politicians offer a simplified view of the world—one in which government interventions are all benefits and no costs. That couldn't be further from the truth.
Economists Gene Epstein and David Friedman debated how best to persuade people to become libertarians at the Porcupine Freedom Festival.
Pioneers of Capitalism chronicles centuries of bottom-up economic evolution in the Netherlands.
If the FTC wants to know why there's such a notable lack of competition within America's baby formula market, it ought to ask other parts of the federal bureaucracy.
Hawley might call them "tariffs on China," but that's obvious nonsense: Tariffs are paid by Americans.
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
The hard lesson that free markets are better than state control may have to be relearned.
The House passed a resolution that will reimpose tariffs on solar panels from China, while the EPA sits on applications for carbon capture technology that may soon be mandatory.
Overall human freedom peaked in 2007, according to the Cato Institute, and governments' COVID response merely exacerbated the trend toward a radically less-free planet.
Industrial policy is never as simple as it seems.
Also: The sensitivity readers come for sci-fi anarchist Ursula Le Guin, how foreign trade can make American supply chains more resilient, and more...
Huh, what a wild coincidence.
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
American companies and consumers "bore nearly the full cost of these tariffs because import prices increased at the same rate as the tariffs."
When politicians manipulate industry, the public pays the price.
The legislation, which forbids shipping anything between American ports in ships that are not U.S. built and crewed, is just another a special deal that one industry has scammed out of Congress.
If Congress wants to spend taxpayer money on child care services, it should pass a bill authorizing that.
Politicians' go-to fixes like child tax credits and federal paid leave are known for creating disincentives to work without much impact on fertility.
Global hunger declined for decades before pandemic policies and Russia’s invasion broke the world.
It's a fundamental contradiction that's affected the Biden administration's economic policy for the past two years.
Joe Biden could take advantage of the expanded executive authority over trade that Donald Trump helped create.
The warning signs are flashing "don't be like China."
We’d all be better off if politicians spared us their experiments in subsidies, wages, and trade.
'The Principles Should Endure': Sen. Pat Toomey on Fusionism, Tariffs, and What's To Blame for FTX's Collapse
After two terms in the Senate as a champion for free markets and limited government, Pennsylvania's Republican senator is heading into retirement.
The maritime industry inserted some protectionism into the National Defense Authorization Act.
Unless Congress takes action, those tariffs will return on January 1. And the baby formula shortage hasn't yet passed.
With the FORMULA Act soon to expire, the U.S. baby formula market is about to return to the conditions that left it so vulnerable to a shortage in the first place.
You can’t turn lives and economies off and on without inflicting lingering harm.
Nationalism, not Hostility Towards Elites, is the Main Divide Between Libertarians and the "New Right"
Despite Tyler Cowen's argument for the elite theory, the real divisions have much more to do with the New Right's nationalism.
Amid initial concerns about the 'Buy American' electric vehicle tax credit, the European Union is now considering further protectionist retaliation.
The Buy American program, used to encourage the buying of American made electric vehicles, not only limits access to EVs but risks a trade war with the E.U.
Joe Biden adopted his predecessor’s protectionism, threatening our peace and prosperity.