📢 Call for Papers: The 2026 International Seminar on Macroeconomics (ISoM) will be held June 24–25 in Stockholm, hosted by Sveriges Riksbank We invite submissions in quantitative macro w/ an international dimension. Deadline: Nov 12, 2025. Submit here 👉conference.nber.org/confsubmit/bac…

DONALD TRUMP IS A SOCIALIST! — GCN

ALL HAIL CHAIRMAN TRUMP! WITH HIS GLORIOUS 10% PURCHASE OF INTEL, THE SOCIALIST REPUBLIC OF AMERICA ENTERS A BOLD NEW ERA OF GOVERNMENT-RUN BUSINESS.

For anyone wondering why I'm so critical of the Postliberal movement right now, here's a more detailed explanation where I work through my thoughts: 1. I didn't declare war on Postliberalism. Postliberalism declared war on economics, and specifically free-market economics. If

My FF is now up on Substack! rbaldwin.substack.com/p/is-economic-… Trump’s “tariffs on everything” are a bold experiment rehashing the 20th century mistakes, specifically Import Substitution Industrialisation (ISI). History shows broad and high tariff walls don’t build industry; they build

The problem with most studies of industrial policy is that they can’t actually say anything about whether industrial policy is good or bad, as I discuss on my blog. Link below:

"The federal government needs to shake up the system by allowing foreign airlines to fly domestic routes and loosen the rules surrounding foreign ownership of Canadian airlines. The time for deregulation has come." In today's Winnipeg Sun 👇 winnipegsun.com/opinion/column…

Air Canada is one of North America’s most international airlines, connecting Canada with Europe, Asia, the Middle East, the Caribbean, and South America. But one important destination is still missing from the map: Greenland 🇬🇱 A direct route between Canada 🇨🇦 and Greenland

"Apparently, no one at American Compass realized that the claims made in these two chapters were contradictory...Whether capital is fleeing or flooding the country, the American Compass solution is barriers to trade." independent.org/article/2025/0…

In 2010 I brought in sweeping reforms to Canada’s asylum system, which won all party support. Even the Toronto Star endorsed the changes! The core statutory reforms were in the Balanced Refugee Reform Act. As a result of these legal, policy, and operational changes (including

The revenue comes virtually entirely from American businesses and consumers. We know this because import prices have not fallen on average so far this year/since expectations of tariffs rose last year; import prices fall if foreign producers are eating tariffs.

"Political pressure shocks increase inflation strongly and persistently."

These investments are promising, but they will only realize their potential if our ports get more efficient. Vancouver and Montreal are some of the least efficient ports in the world. Fixing this will require changes that unions won't like. theglobeandmail.com/politics/artic…

End the bans. Surely we can trust Canadian drinkers to make that call for themselves (like we do everything else)

And, as a corollary, policies designed to help rich homeowners can actually help low-income renters the most!

Before Court of Appeals, DOJ argued Trump used IEEPA largely because Section 122 is about balance of payments, not trade deficit. In this Council on Foreign Relations piece, Dan Trefler and I argue this makes no sense: 90% of balance of payments IS the trade deficit cfr.org/article/trumps…

What would happen if #TrumpTariffs came down or were removed? GPS professor Kyle Handley recently spoke at a hearing w/ the Assembly Select Committee on Asia/Calif. Trade and Investment. Tariffs hit businesses hard, limiting investments they can make, Handley argues. #GPSUCSD

Lots of people think we need to keep these tariffs to placate Trump. But Mexico doesn't have them, and Chinese EVs are rapidly gaining market share there. And Trump has treated them just as well as us, if not better.

In today’s Financial Post I argue for repealing the U.S. alcohol ban. It’s a toxic mix of fiscal irresponsibility and hypocrisy financialpost.com/opinion/end-us…

This Weekend on MoneyTalks Tariffs, EVs & tangled policies: Mike and U of T's Joseph Steinberg Joseph Steinberg break down why Canada’s economic rules may be hurting more than helping. From misguided tariffs to EV challenges & investment roadblocks, this is a must-hear for