The Commons
Making Sense of Conservative Economics
Trump’s anti-bureaucracy energy should be directed at regulation as well as waste
It isn’t just about criminal punishments and presidential pardons
The old GOP dictated Trump’s Tax Cuts and Jobs Act. His new coalition should shape its future.
Latest Episode
Oren speaks on a panel about economic policy in Trump’s second term and more with Jason Furman, Richard Burkhauser, and Kimberly Clausing.
Our Latest
The American medical industry offers a case study of how market concentration undermines economic resilience.
Professor Dan Drezner is again illustrating how we ended up with a misbegotten consensus on globalization built upon inadequate assumptions and shallow analysis. A couple of weeks ago, we encountered him badly mischaracterizing a study about the supposed value of trade liberalization. Breezing past that issue, he is back now with a more outlandish claim, that: “a world in which ‘trade were balanced, domestic industry robust, and productivity rising’ is a world that not only does not exist, but very likely cannot exist” (emphasis in original).
In physics, to reveal deeper truths, you slam particles together to expose their inner structure. The pandemic has been like that, slamming different parts of the country together, revealing it to be deeply divided by geography, race, education, and wealth. It is hard to imagine it once fit together or will ever fit together again.
A new task for government demands a new structure for its agencies.
Outdated environmental regulation poses an irrational barrier to reshoring efforts.
