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Trade economists: The World Bank Development Research Group group is hiring a research economist to work on international trade issues. Posting here: worldbankgroup.csod.com/ux/ats/careers…

Monstrously destructive, incoherent, ill-informed tariffs based on fabrications, imagined wrongs, discredited theories and ignorance of decades of evidence. And the real tragedy is that they will hurt working Americans more than anyone else.

Yes, this is an off-the-charts increase in tariffs - particularly because the tariffs are applied to the 2/3rds of imports that normally come in duty free (coffee, tea, tin, bananas, etc.) Even Nixon's 10% surcharge in 1971 did not include those goods. . . .

We don’t have to let Trump’s tariffs wreck our economy—it’s a choice. The Constitution gave Congress trade authority, not the President. Congress delegated tariff powers to the President and we can take them back. We have bills (one is mine). We just need votes to pass them.

Those trying to understand the tariffs as economic policy are dangerously naive. No, the tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief. 1/ A 🧵 to explain his plan and how we fight back.

Running bilateral trade surplus/deficits with different countries is the way it should be. Trying to eliminate each one is simply stupid. I have a trade deficit with my grocer, a trade surplus with my employer. I am not sure it would be a great idea for me to work for my grocer.

I do not think that the government's formula is an appropriate way to think about reciprocal tariffs. And it is unclear what the note references or doesn’t from my research with Cavallo et al. But I believe our work suggests the value for the “elasticity of import prices to

While the USTR tariff calculator cites the findings from Cavallo, Gopinath, Neiman & Tang (2021) it is not entirely clear how they use our findings. Based on our research, the elasticity of import prices with respect to tariffs is closer to 1. If that figure were used instead of

There is a reason why major public decisions need to be discussed by sub-committees, then committees, then the whole chamber, then the other chamber. And then the President. It is a system intended to prevent the idiocy and the lunacy of “Liberation Day”. The worst economic

It's absurd that in a supposed democracy we are subject to one person's daily whims.

why would any company commit to bringing manufacturing back to America when Trump's tariff policies literally change multiple time a day based on his whims?

Applications for the Dartmouth Globalization Ph.D. Fellowship are due tomorrow. globalization.dartmouth.edu/programs/globa…

Ask yourself—what’s going to stop the government from deporting you to a prison in El Salvador? How would you prove it’s an error if you don’t have due process? If it can happen to anyone, it can happen to you. The people get it. Either everyone has due process—or nobody does.

Remember five minutes ago when people pretended that tech bros could balance the budget by canceling PoliticoPro subscriptions, dismantling USAID, and firing some federal workers? Anyway, here’s Jessica Riedl 🧀 🇺🇦 with a (fiscally terrifying) dose of reality. theatlantic.com/economy/archiv…

Please read Jessica's piece. You are not making America Great Again when you're boosting the deficit by trillions. DOGE was theater. It conned MAGA into believing Trump is a budget hawk when he's about to blow up our debt (even worse).

Gutting scientific funding and scaring away talented immigrants while raising the cost of manufacturing stuff in America is, genuinely, like something we’d be forced to do after losing a war to a geopolitical adversary that deviously sought to hamstring US technological power for

My The Atlantic article on the dangers of unrestrained federal debt have people asking: "Fine, so where's YOUR plan to fix the deficit???" You're in luck! Below is a thread and link to my 30-year blueprint to stabilize the debt - detailed, specific, fully-scored, & bipartisan.

HOLY SHIT! Did you see the end of 60 Minutes tonight?

I am hiring a full-time RA to work with me at UC Berkeley on projects related to public finance, before embarking on a PhD in economics. Flexible starting date (Jul-Sept 2025) & open to international applicants. Job and salary description + application: aprecruit.berkeley.edu/JPF04826

The Globalization Cluster at Dartmouth is hiring a pre-doctoral fellow for a two year position starting this summer or fall. International candidates welcome. Take courses. Great placement record. Friendly group! Apply here: apply.interfolio.com/167442 DartmouthEcon Tuck School