Some Links

by Don Boudreaux on January 10, 2017

in Economics, Financial Markets, Legal Issues, Man of System, Podcast, Reality Is Not Optional, Regulation, Trade

My former GMU Econ student Caleb Brown discusses – in this Cato Institute Daily Podcast with Dan Ikenson and Dan Mitchell – Trump’s economically ignorant trade triumvirate (of Robert Lighthizer, Peter Navarro, and Wilbur Ross).

Nick Gillespie points out that “Progressives” bear much of the blame for many of the dangers that are likely forthcoming from Trump’s presidency.  A slice:

One of the things that [Meryl] Streep, who spoke at the Democratic National Convention last summer in support of Hillary Clinton, didn’t address, though, is the way in which Barack Obama has handed Trump vast powers as president. There’s no question that Obama worked overtime to arrogate more power to the presidency over the past eight years, using all sorts of unilateral action to get shit done. Even Yellow Dog Democrats will grant as much when it comes to civil liberties abuses (remember Bam’s “secret kill list”?) and waging war (still waiting on his request to Congress under the War Powers Act to sanction Libya, which turned out so well). Obama was on the losing end of a 9-0 Supreme Court ruling about abusing recess-appointment powers and his moves on immigration law suffered a similar fate as well. In all sorts of ways, the plain fact is that, like George W. Bush before, Obama was ready to grab as much power as he could. And whatever presidential precedents he established will now be sitting in Oval Office, waiting for the arrival of Donald Trump.

Speaking of “Progressives” with a weak grip on reality, here’s my great colleague Walter Williams.

Todd Zywicki (my colleague from over in GMU’s Antonin Scalia Law School) and Geoff Manne argue, correctly, in today’s Wall Street Journal that behavioral economics has no good place in U.S. constitutional law.

Emily Skarbek reports on some interesting history of the early career of Milton Friedman.

John Tamny challenges Robert Atkinson’s flawed call, from the political right, for (yikes!) a “national productivity strategy.

Here’s a newly released, very important, new book – Reframing Financial Regulation – edited by my Mercatus Center colleagues Hester Peirce and Benjamin Klutsey.


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