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April 12, 2025

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Senior Fellow and David J. Theroux Chair Phillip W. Magness discusses the impact of Trump’s tariffs on the economy and stock market, warning that they could lead to a recession.

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** Trump's Tariffs: The Art of the Deal? Not Exactly. ([link removed])
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Senior Fellow William F. Shughart II argues that expanding, not contracting, international trade is the true art of the deal and the path to prosperity.
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** How Tariffs Encourage Waste ([link removed])
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Senior Fellow Abigail Hall explains how tariffs force entrepreneurs to use their creative energy to reduce their tax burden instead of improve their products.
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** Universities push back against Trump’s cuts on federal funding ([link removed])
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Journalists Elissa Nadworny and Michel Martin interview Senior Fellow Richard Vedder on the Trump administration’s efforts to reevaluate research grant money.
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** Maduro’s Vendetta in Venezuela ([link removed])
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Senior Fellow Alvaro Vargas Llosa explains how with much of the world's attention on Europe, Canada, Greenland and elsewhere, world leaders overlook Venezuelan dictator Nicolas Maduro’s brutal tactics against his political opposition.


** MORE MEDIA ATTENTION
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** Reason ([link removed])
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Journalist J. D. Tuccille quotes Senior Fellow Phillip Magness to explain why Trump’s tariffs are much worse than anyone thought. Read more » ([link removed])


** The Wall Street Journal ([link removed])
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Professor Mark J. Osiel of Iowa College of Law praises Senior Fellow Richard Vedder’s celebration of Ohio’s victory against woke schools. Read more » ([link removed])


** Quillette ([link removed])
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Senior Fellow Phillip Magness explains why Trump’s protectionist policies are erratic, ill-defined, and incoherent. Read more » ([link removed])


** Reason ([link removed])
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Senior Fellow Stephen Halbrook critiques the “magic bullet” theory of the Ninth Circuit: guns holding ten or fewer rounds are “arms” entitled to Second Amendment protection, but “as soon as you add one more round—poof—the magazine is no longer ‘integral’ and it disappears from the Second Amendment's ambit.” Read more » ([link removed])


** The American Spectator ([link removed])
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Policy Fellow K. Lloyd Billingsley critiques LA Mayor Karen Bass and the LA county supervisors for exploiting disaster to expand government and impose more onerous regulations. Read more » ([link removed])


** Quartz ([link removed])
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Journalist William Gavin quotes Senior Fellow Phillip Magness on the rising risk of a recession. Read more » ([link removed])


** International Business Times ([link removed])
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Journalist Marvie Basilan quotes Senior Fellow William Shughart on how Trump’s tariff plan is not only fueling a global trade war but also raising prices for American consumers. Read more » ([link removed])


** The American Conservative ([link removed])
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Senior Fellow Ivan Eland critiques Trump’s bluster and threats against weaker neighbors and allies, but praises his approach to the world’s other great powers, China and Russia. Read more » ([link removed])


** The American Spectator ([link removed])
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Policy Fellow K. Lloyd Billingsley calls on LA Mayor Karen Bass to suspend rebuilding permits for all fire victims. Read more » ([link removed])


** Reason ([link removed])
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Senior Fellow Stephen Halbrook argues the Supreme Court should put to rest any and all lawsuits filed by anti-Second Amendment groups, which are intended to destroy America's lawful firearm industry. Read more » ([link removed])


** FEATURED BOOK - AVAILABLE SOON!
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** Let Colleges Fail ([link removed])
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** The Power of Creative Destruction in Higher Education ([link removed])
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** Edited by Richard K. Vedder
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Everyone knows American universities are more expensive and less impressive than ever. But no one has come up with a plan to fix them … until now. Let Colleges Fail: The Power of Creative Destruction in Higher Education is the hard-hitting instruction manual America needs in order to save its institutions of higher learning.
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