Veronique de Rugy
@veroderugy
Senior Research Fellow at the Mercatus Center at George Mason University
At what point does protectionism for an industry that basically does not exist but imposes massive costs on others become politically unsustainable? We haven't hit it yet, apparently! (From @EBGresser)
"Ronald Reagan Was No Protectionist," says someone (Senator Phil Gramm) who would actually know wsj.com/opinion/ronald…
Building on points made by @veroderugy and @greg_ip, I note that tariffs exacerbate structural bias in U.S. government policy in favor of technology companies, which continue to thrive. Let other industries thrive like tech by removing govt. barriers. nationalreview.com/corner/tariffs…
There's so much handwaving about how "AI will cure cancer" or "AI will revolution science" What we need are more specific, actionable ideas for how AI could accelerate science & security Dropping next week: @IFP will publish 15 "AI for science" ideas from experts.
Meet the Medicaid Double-Dippers: The government has now found that up to 2.8 million Americans are enrolled in two separate health plans underwritten by taxpayers. on.wsj.com/3IFMyAm
"In the five months since President Trump first announced sweeping tariffs, Amazon quietly raised prices on low-cost products..., a Wall Street Journal analysis of nearly 2,500 items found." wsj.com/business/retai…
Great turnout today on Capitol Hill for our Tariffs 101 briefing today! With 100+ staffers in attendance, @DavidBahnsen, @PhilWMagness, @DominicJPino, and AAF Chairman @marctshort broke down everything to know about the tariff issue.
I would guess that socialist breadlines put people in a state of anxiety and insecurity
Capitalism requires keeping people in a constant state of anxiety and insecurity and making consumption the only means of handling those feelings
If you want the reetardation and self-destructive stupidity and hostility to supporting their own country, this tweet has it all !
If you want the reetardation and self-destructive stupidity and hostility to supporting their own country, this tweet has it all !
Capitalism has dramatically increased the spare time enjoyed by everyone
Just a reminder that the long term results of California voters passing prop 13 to limit property taxes were that CA became the biggest, most bloated state budget AND enacted the highest state income tax in the country. Confused about why antitax advocates want to emulate that.
🚨 BREAKING: Ron DeSantis advocates for the nationwide abolition of property taxes. "You buy a home, you buy land... and then, you've been taxed many times.. is it your property, or NOT? Just for being on your property, you've got to write a check to the government every year?"
Would Americans be better off without Costco? Zephyr Teachout says yes. I say no. marginalrevolution.com/marginalrevolu…
🗓️AI EVENT TODAY at Noon ET: "The Politics of Artificial Intelligence" hosted by @BroadbandCensus. A discussion of what comes next after the failure of the AI moratorium & today's launch of the "AI Action Plan." Description and panels here. Link to watch below 👉
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."
My first time on the Hayek Podcast with the one and only Peter Boettke, speaking about Foucault and Liberal Political Economy. Hope you enjoy as much as I did: tinyurl.com/ybek26ad
Perhaps Colbert can go to NPR, which has a built-in audience of millions of rural Americans who I’m told leave their radio dials perpetually tuned to it in case it has unique information about thunderstorms.
Despite a recent $750k taxpayer subsidy, the shelves at Kansas City's government-run grocery store are "almost bare." It also lost $885k last year and is, unsurprisingly, hemorrhaging customers.
Just Out: Updated version of the "Chart of the Century" with data through June 2025. It should be noted that the consumer goods that have become more and more affordable over time -- e.g., cars, household furnishings, clothing, toys and TVs -- are either imported or subject to…
Trump's USTR admits they don't care about "trade deals" AND, apparently, don't understand economics insidetrade.com/daily-news/gre…
Left-wing bias is a secondary issue. The primary point is that the federal government should not use taxpayer funds to subsidize the media, period. cato.org/blog/end-all-t…