Ethan Yang talks with the great Richard Epstein.
But there is a harder lesson to heed: No group of Washington’s brightest and best can have enough knowledge to predict what will actually happen — who will benefit and who will pay — when major policy interventions occur. Try as we might, we just can’t get it right. But we can perhaps learn to accept what we don’t know and be more cautious before pulling a tariff trigger.
And let’s also hope that the Institute for Justice wins this case before the U.S. Supreme Court.
Eugene Volokh shares news of an applause-worthy ruling by the U.S. 5th Circuit.