Recall Principle 2 of Three Simple Principles of Trade Policy, Businesses are Consumers Too. Case in point, steel. Justin Wolfers summarizes an analysis of Trump’s 2018 steel tariffs:
Going back further we have a good analysis from Lydia Cox of the Bush steel tariffs. Even though the tariffs were temporary, they led to a rearrangement of supply chains which led to long-lasting declines in exports and employment in steel using industries.
The post Steel Tariffs in Two Pictures appeared first on Marginal REVOLUTION.
AI and the FDA
Dean Ball has an excellent survey of the AI landscape and policy that includes this: The speed of drug development...
Greg Mankiw’s Blog: Flier on RFK Jr
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University....
Is it the phones?
Or perhaps we should just credit Sydney Sweeney? That is from Chris Said. The post Is it the phones? appeared...
Greg Mankiw’s Blog: Dear Committee Members
Like many who spend their lives in the ivory tower, I enjoy academic satires. That includes Richard Russo's novel Straight...
