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THIS WEEK
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October 9, 2019
The Latest News
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What Trump’s Aggressive Trade
Tactics Have Achieved
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Veronique de Rugy | The New York Times
The president and administration have made wild claims about what big tariff hikes and aggressive negotiating tactics will achieve. But how do the president's claims about tariffs and trade deficits actually stack up to reality? Veronique de Rugy examines the truth behind the Trump administration's top five claims, such as: tariffs will bring businesses back to the US, "trade wars are good, and easy to win," and farmers have the most to benefit from the trade war.
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Lots to like in the Executive
Order on Medicare
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Robert F. Graboyes | Inside Sources
Early this month, President Trump issued an executive order on "protecting and improving Medicare for our nation's seniors." For now, it's only a statement of intent, but there are many encouraging pieces among the stated intentions. While the primary concern of the president's executive order is a federal health insurance program, the order strikes a nice balance, giving full measure to address a broad collection of substantive supply-side issues.
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Synthetic Drugs, Dive Bars, and the Evolution of Rap
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Ben Westhoff and Tyler Cowen | Conversations with Tyler
Ben Westhoff is an award-winning investigative journalist whose books, such as Fentanyl, Inc.: How Rogue Chemists Are Creating the Deadliest Wave of the Opioid Epidemic
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and Original Gangstas: Tupac Shakur, Dr. Dre., Eazy-E, Ice Cube, and the Birth of West Coast Rap
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are among Tyler’s favorites. Tune in to the latest episode of Conversations with Tyler to hear them discuss the social utility of dive bars, the synthetic revolution driving the opioid epidemic, China’s role in the crisis, New Jersey hip-hop, why St. Louis is underrated, how CDs changed rap, the surprising shyness of Dr. Dre, and more.
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Impeachment Is Distracting
from the Turtle-Like Economy
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Bruce Yandle | The Washington Examiner
News on the economy could be missed at a time when it seems all eyes are focused on Washington's unfolding impeachment drama. Most recent data on the economy, however, calls for attention. By many important economic indicators, the economy shifted into low gear in December 2018 when our elected leaders decided to shut down the government and impose higher tariffs on Chinese imports. Our weakening US economy suggests we best not forget that economic policy decisions matter.
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Additional Links
Central Banks Don’t Need Their Own Digital Currencies
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Tyler Cowen | Bloomberg Opinion
This Year, Let's Cancel the Nobel Prize in Economics
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James Broughel | The Hill
Making America Great Again Doesn't Mean Making Planes, Cheese, and Whiskey More Expensive
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Bruce Yandle | The Washington Examiner
The Fallacies Underlying the Warren Social Security Plan
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Charles Blahous | e21
Facebook Says Its New Digital Currency Will Be 'Open to Anyone.' That's Not True
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Andrea O'Sullivan | Reason Magazine
Hush, Little Voter, Don't Say a Word (About Tariffs)
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Veronique de Rugy | Creators Syndicate Newspapers
The Little-Known Reform That Could Improve States’ Fiscal Health
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Thurston Powers | e21
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