Chris Edwards, Cato of Liberty, March 24, 2025.
excerpt:
There are two aspects to the inefficiency of federal spending. Expenses are provided with taxes and distort individual and corporate labor, investments and entrepreneurial choices. Each additional income tax will cause damage to the private sector by more than the tax amount. The damage depends on the loss of death. Republicans seem to understand this aspect of the fiscal equation, and they are pushing forward to cut taxes.
However, many Republicans are less likely to understand that using themselves is more likely than causing distortion or loss of death. Government officials waste resources, and the grant programs they run are productively responsible for individuals and businesses. As discussed in this study, most federal programs are not worth the cost.
David Friedman, Alternative to David Friedman, March 25, 2025.
excerpt:
What I am worried about now is the possibility that the current political solids could make America a worse place in one of a few different directions. What is clear is the development of the right-wing dictatorship, which has long been weeping by the left. The current administration argues that, based on the vry-growing interpretation of 18th century law, it is not necessary to show that they are guilty of anything, and that they are not guilty of anything. They start with the most unsympathetic victims they can find, but nothing in their interpretation of the law has been prevented from doing it to others – in their view, do they need to show that they are victims?
I expect the court to award Acrylics more than the Supreme Court by a considerable majority. However, there was a faint tweet among supporters of the idea of ignoring the court, with a sympathetic reference to Andrew Jackson’s (probability is apocryphal), saying, “John Marshall made her decision. The success of the continuous Elector could move them far in that direction, and, even if not, could ultimately change the structure of the judiciary.
and:
The less obvious dangers are in the opposite direction, with the risks discovered in previous posts. Assume that Trump’s administration will be severe, rapidly changing, increasing uncertainty, increasing deficits rather than diminish, and exacerbating serious economic problems caused by a significant foreign policy reversal, perhaps disaster. Democrats become many angry supporters in the president, Congressional Bouses. They already show an willingness to engage in law against their enemies. The allegation that everyone commits three felonies a day doubles the exaggeration, but a well-devoted prosecutor who portrays ju-crows from well-biased locals can earn multiple felony charges on misdemeanors in the restriction law, as Allady accused. Even without a convicted jury, prosecution alone can impose a long cost — and anyone could be charged for infiltrating.
Alex Nowrasteh and Krit Chanwong, Cato by Liberty, March 25, 2025.
Ezra Klein recently interviewed David Scholl, a data scientist at Blue Rose Research, a Democratic consulting firm. Shoal cited two immigration-related points. First, the foreign-born share of the county’s population was very corrupted with the transition to Trump. Secondly, Trump probably won the immigration vote. Naturalized immigrants benefited Biden with 27 points in 2020, resulting in a 1 point win for Trump.
This sudden change destroys the common immigration restrictionist debate that more open immigration policies tilt the country to the left, a debate that was made common by Elon Musk, explaining why I decided to support Trump in the 2024 election.
Matthew Petti, Reason, April 2025.
excerpt:
The United States has the power to seriously disrupt the economy in other countries, but this book argues, but imagination doesn’t always serve America’s interests. Sanctions most undermine the prosperity and political status of Iran’s pro-American middle class. They also make the government more paranoid and remastered incentives more paranoid and play better. Everyone gets worse.
The US has tried to wash their imaginations of policy towards ordinary Iranians, and instead sacrificed their poverty for “corruption and economic mismanagement” within the country. But the data is clear. The Iranian economy began with the beginning of former President Barack Obama’s intense sanctions campaign between 1988 and 2011, the end of the 1988 war with Iraq.
DRH Notes: Edited by David R. Henderson, article “Sansion,” a concise encyclopedia of economics, is excellent.
