Adrian Moore
@reasonpolicy
Free minds and free markets, liberty and responsibility. Fiscally conservative, socially liberal. I am VP @reasonfdn. Pardon any nerd rage you may encounter.
There is not a single solution to every problem. There is a discovery process, and you don’t discover it in Congress.
Exactly
This looks like a win for Filipinos. They don’t have to pay any tax on American products that they buy. But Americans are going to have to pay 19% tax on anything that comes from the Philippines. That’s an increase from 6% before Americans were “liberated.“
The antitrust populists are not serious thinkers and people should stop pretending like they are.
In which @ATabarrok utterly destroys the Zephyr Teachout op-ed on grocery prices: marginalrevolution.com/marginalrevolu…
The AI Action Plan is like a treasure box of excellent ideas. Every time I reach inside, there's something new and exciting. Here are a few of the nuggets that really caught my attention for potential positive impact: 🧵
There’s something deeply unsettling about a president directing foreign countries where to invest in the U.S. economy in exchange for tariff relief. It feels like economic extortion dressed up as industrial planning. Markets—not the president—should allocate capital.
Secretary @HowardLutnick breaks down how Japan lowered their tariff rate on cars by investing $500B into American projects: "The Japanese have bought the ability to be down to 15%, and then @POTUS can invest in the projects he thinks are the most important for America."
This is a typical "greedflation" argument, but easily rejected. There is no rule that says a price increase has to be "justified by the costs." Firms can increase their markups whenever they want. But this is typically profitable only when demand rises or costs fall. 1/
Can we finally put an end to dumbass politicians like this? We let builders BUILD and Austin is now the #1 major city with falling rents. That’s actual affordable housing- not performative bullshit.
Friends: It is with great pleasure that I am announcing my candidacy for Austin City Council (District 9). This City Council has *sold out* to out-of-town developers and become a doormat for out-of-control development. I want to help us take back Austin. If elected, I pledge…
Trump has signed legislation cumulatively adding $13 trillion in debt in his 4.5 years as president - dwarfing every other president in our lifetime. Give me a break.
Britt: We are $37 trillion in debt. It’s not just fiscally irresponsible, it is morally irresponsible and I'm so grateful to President Trump and his leadership for saying the buck stops with me and we’re starting to rein this in..
Lots of really bad economics in today’s NYT op-ed on grocery store competition. Take this passage for example:
We spend $19,999 per child per year in public schools. Imagine if that money went directly to families. A teacher could set up a microschool with just 12 students and pull in $239,988 in revenue each year.
Your reminder that lawmakers just added $4 trillion to the 9-year deficit -- $5.5 trillion if OBBBA is permanent. We're talking $600 billion per year! crfb.org/blogs/whats-on…
This is a really weird argument to make in an op-ed that supposedly criticizing big, national grocery chains:
