Ryan Young

@ryanyoungcei.bsky.social

Senior Economist, Competitive Enterprise Institute.

“His learning is too often borrowed, and his arguments are too often his own.” -Edward Gibbon with an all-timer of a scholarly burn, *The Decline and Fall of the Roman Empire*, Chapter 28, footnote 53.

Immigration enforcement is the civil rights issue of our time. I predict that the squishes who are moving toward tough enforcement because of the gravitational pull exerted by the restrictionist regime in power will not look good later.

“Unlike the European states, the United States, already composed of more and more diverse peoples, could not rely on any tribal or national identity. To be an American could not be a matter of blood; it had to be a matter of common belief and behavior.” -Gordon S. Wood

Culture warring often happens because we’ve internalized the values of a structurally different era. The values, which predate the Industrial Revolution, incline us to conquer, exploit, and then guard. But these days it’s usually a better deal to make peace, open up commerce, specialize, and trade.

The ideological valence of "the King of Great Britain and the Pope take turns taking the piss out of the elected leader of a democratic republic" turned out to be, uh, somewhat different from what either Diderot or the throne and altar reactionaries who followed him would have expected.

In just 25 hours, the U.S. has had four tariff regimes: 1. Liberation Day Mark_II_re-revised_(final) 2. Liberation Day Mark_II_re-revised_(final) - IEEPA tariffs 3. Liberation Day Mark_II_re-revised_(final) - IEEPA tariffs +10% 4. Liberation Day Mark_II_re-revised_(final) - IEEPA tariffs +10% + 5%

Using transaction-level data on US congressional stock trades, we find that lawmakers who later ascend to leadership positions perform similarly to matched peers beforehand but outperform them by 47 percentage points annually after ascension. marginalrevolution.com/marginalrevo...

Congressional leadership is corrupt - Marginal REVOLUTION

Using transaction-level data on US congressional stock trades, we find that lawmakers who later ascend to leadership positions perform similarly to matched peers beforehand but outperform them by 47 p...

marginalrevolution.com