Tomorrow's handout for my Immigration 101 lecture is really throwing the students in the deep end.
Ryan Young
@ryanyoungcei.bsky.social
Senior Economist, Competitive Enterprise Institute.
Notice that today's tariff announcement happened after markets closed. www.wsj.com/economy/trad...
Trump Imposes Additional 50% Tariffs on Certain Canadian Goods
Measure applies to goods including wine, though energy and parts of other sectors are exempt.
wsj.com
Congress should not pass Lindsey Graham's counterproductive bill on Russia tariffs and sanctions. cei.org/blog/sanctio...
Sanctioning Russia Act: Tariffs won’t change Putin’s mind - Competitive Enterprise Institute
When Sen. Lindsey Graham (R-SC) passed away last week, he left behind a bill called the Sanctioning Russia Act of 2026. Congress is considering passing the bill in his honor. It should find other ways...
cei.org
“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
I wrote a remembrance of Alan Greenspan for National Review Online, covering his career from Juilliard clarinetist to Taylor Rule mostly-follower. www.nationalreview.com/2026/06/the-...
The Lessons of Alan Greenspan’s Life | National Review
The former Fed chair’s life shows how one can balance principles with politics.
nationalreview.com
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.
"So command exists but with obedience." -George Eliot, *Middlemarch*, p. 615.
Excellent new book from IEA on the morality of liberalism and markets. The PDF version is zero-price. HT @iainmurray.bsky.social. iea.org.uk/publications...
On Morality, Human Behaviour & Economics
Edited by Professor Juan Castañeda, Director of the Vinson Centre, and Lord Kamall, On Morality, Human Haviour and Economics brings … Continue reading "On Morality, Human Behaviour & Economics"
iea.org.uk
At 2:00 ET, Dan Klein, Jerry Muller, and I are doing a National Association of Scholars panel on the 250th anniversary of Adam Smith's Wealth of Nations. Livestream on YouTube: www.youtube.com/live/1XXdw4F...
1776 in Mind: The Wealth of Nations
YouTube video by National Association of Scholars
youtube.com
Delighted to be on a National Association of Scholars panel this Thursday at 2:00 ET talking about Adam Smith with Daniel Klein and Jerry Muller. Register here: www.eventbrite.com/e/1776-in-mi...
1776 in Mind: The Wealth of Nations
Join us to discuss the historic insight of The Wealth of Nations and its most important takeaways for economic policy and philosophy today.
eventbrite.com
Earlier this month I gave a talk on trade at CEI's annual summit. youtu.be/iTZzncIG73M?...
Trade Policy and Economic Statecraft with Ryan Young | Asheville CEI Summit
YouTube video by Competitive Enterprise Institute
youtu.be
"Tough guys, like tough meat, may not get eaten, but neither do they taste very good nor will they be in much demand." -Kenneth Boulding, *Three Faces of Power*, p, 138.
New PATRIOT Act regulations for contraband cigarettes. #MissionCreep www.federalregister.gov/documents/20...
Implementing PATRIOT Act Improvements: Contraband Cigarettes and Smokeless Tobacco
The Bureau of Alcohol, Tobacco, Firearms, and Explosives ("ATF") is amending Department of Justice ("Department") regulations to implement certain provisions of the USA PATRIOT Improvement and Reautho...
federalregister.gov
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.
I was quoted on @marketplace.org yesterday on tariffs. www.marketplace.org/story/2026/0...
Trade practice probes are latest White House effort to keep Trump's tariffs
The probes will look into issues including excess industrial capacity and whether other countries are doing enough to combat forced labor.
marketplace.org
✨ We have a whole new page on Work & Employment stats! ✨
On our new Work and Employment topic page, we bring together the key labor market indicators — from unemployment rates and participation, to informality and much more — and explain what they mean in clear terms and with helpful diagrams. → ourworldindata.org/work-employm...
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%
I have been writing for years about the need to limit presidential power. When you don't, it results in things like this and worse. www.nytimes.com/2026/01/19/w...
nytimes.com
Want to work with me at CEI? Can you spot a typo from 50 paces? We're hiring a managing editor to run our publications program. talentmarket.org/job-opening/...
Managing Editor - Talent Market
The Managing Editor reports to the Director of Publications. The Managing Editor oversees the full editorial and production process for all of CEI’s policy
talentmarket.org
I was on Bloomberg Canada this morning about the Jerome Powell mess. www.bnnbloomberg.ca/video/shows/...
- BNN Bloomberg
Ryan Young, senior economist at Competitive Enterprise Institute, joins BNN Bloomberg to discuss the implications of Trump's threats on Fed independence.
bnnbloomberg.ca
Hey Republicans, price controls don't work. cei.org/blog/politic...
Politicians need to think beyond stage one on credit card price controls - Competitive Enterprise Institute
President Trump, in a Friday news dump on social media, proposed price controls on credit card interest rates. He wants to cap annual rates at 10 percent, effective January 20. Sen. Roger Marshall (R-...
cei.org
Look, I found something lazier than a graph joke! COMIC ◆ www.smbc-comics.com/comic/malthus PATREON ◆ www.patreon.com/ZachWeinersm... STORE ◆ smbc-store.myshopify.com
WASH POST: “Corporate bankruptcies surged in 2025, rivaling levels not seen since the immediate aftermath of the Great Recession, as import-dependent businesses absorbed the highest tariffs in decades.” www.washingtonpost.com/business/202...
Actual 2025 tariff rates are, to date, far less than statutory rates, but the costs of the tariffs are mostly borne by the US – estimated tariff pass-through to US prices in 2025 is 94%. Tariffs on imports act like a 1 to 2pp tax on US manufacturing. brentneiman.com/research/GN2...
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