Making Tariffs Ugly Again
Following one of the steepest market sell-offs in history due to his recently imposed worldwide tariffs, President Donald Trump today made the decision to reverse course and lowered them to 10 percent on all countries aside from China. At time of writing, this contributed to the largest single-day gain in the Nasdaq since 2008. For […]
The ‘Most Bad’ Option: Trump’s Tariff Uncertainties
This week, like the week before it, can only be described by one word: tumultuous. Stock markets around the world have plummeted, phone calls are being made, messages are being put out on social media, and everyone is trying desperately to make sense of what is happening and what will likely happen. What could possibly […]
Elon Musk Channels Milton Friedman’s Pencil: The Message of Free Trade
Trade wars are back in fashion. And so is Milton Friedman. A video of Friedman explaining the miracle of the pencil has gone viral, amassing 42.5 million views and being shared by Elon Musk and many others. The video underscores a simple but profound idea: no single person on earth knows how to make a […]
Pumping Iron
Stronger: The Untold Story of Muscle in Our Lives By Michael Joseph Gross (Dutton, 480 pages, $35) I was never an athlete. Or at least I never thought of myself as one. If you were a boy in Queens when I was growing up, only one thing mattered: how good you were at softball. I […]
Trump’s First Month With Israel and Gaza Echoes Biblical Kings Cyrus and Darius
As I write, President Donald J. Trump is wrapping up his first month as 47. He already has fixed so much that we may wonder whether, if he maintains his first month’s tempo, he will have anything left to fix by year four. Amid so much of the president’s activity on the domestic front aimed […]
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