Posts by Steve Cicala
shocking to compare the rapidity of these "deliberations" with the court's complete lack of action on impoundments, emoluments, and declarations of war
Kudos to these brilliant legal minds for reinventing conservative motivated reasoning as the only method of legal analysis that will protect the legitimacy of the supreme court.
God said to Abraham ‘kill me a son’. Abe said ‘Man, you must be puttin’ me on’. God said nope, Abe said whut. God said ‘you can do what you want Abe, but next time you see me coming, you better run’.
Even Gene Fama is calling it a bubble.
Unless we're building the cars in space, who cares about how many tons of material are involved? Seems like an odd metric to wrangle over.
This is a really important piece. Detroit has been coddled for decades through bipartisan protectionism. The US should let China sell affordable EVs, get them to invest by building EV manufacturing here, and let Detroit complete. And if Detroit can't complete, they don't deserve to be in business.
Trump Account Election Select if you want to open a Trump account for eligible children so they can receive any contributions available to them.
WTF
#QJE May 2026, #8, “(Not) Thinking About the Future: Financial Information and Maternal Labor Supply,” by Costa-Ramón (@anacostaramon), Slotwinski, Schaede (@ursina), and Brenøe: doi.org/10.1093/qje/...
I agree on the focus on ships, not WH pump and dump schemes, BUT:
Higher prices are how the market rations scarcity. The “shortage” described here is what happens when govs prevent markets from functioning. There’s no difference in Q, just who is getting it.
i will vote for any candidate who offers up this slogan
cc: All Dem POTUS aspirants.
Also cc: all centrist DC pundits who have already pre-written their "no accountability, we must all come together" drivel pre-set to publish in November 2028.
I pray the new government does not make the mistake the US made after it unseated a lawless authoritarian.
There is no such thing as "looking forward, not backward."
It's either swift and complete accountability for criminal behavior, or a return to lawless corruption. Take it from US.
Big “you can’t fire me, I quit” energy.
I had the privilege of organizing economist amicus briefs in support of the parties challenging the administration’s most recent round of worldwide tariffs. The cases are Burlap and Barrel, Inc. v. Trump. and Oregon et al. v. Trump, both before the U.S. Court of International Trade.
Amici include AEI colleagues (incl. @kylepomerleau.bsky.social & @michaelrstrain.bsky.social) and folks from other thinktanks and academia (incl. @dacemoglumit.bsky.social, @danieldbunn.bsky.social, @stevecicala.bsky.social, @kclausing.bsky.social, @jasonfurman.bsky.social & @omzidar.bsky.social).
I'm telling you the shift away from embarrassment in Iran is Greenland.
Also, it hasn't reopened, and there are no plans for it to reopen.
Split screen between a gaudy aspiring coronation and the American Pope washing the feet of migrants.
Eat shit forever, Amen.
Call it the “Iran Terror Premium.”
-Peter Navarro, WSJ, 3/12/2026
$1M per ship -> $1.8B every two weeks.
(Likely paid in ¥, to further sanction-proof Iran & strengthen China)
A WHOLE CIVILIZATION WILL DIE TONIGHT My son needs lunch, and I have to put his backpack together, but a whole civilization will die tonight, so I'm wondering if they've closed their schools. Like, a snow day, maybe, except instead of snow it's "keep your children home so if you die, you die together" — instead of "well open back up once the plows have cleared" it's "we don't know if we'll be here tomorrow, hold your babies tight." It's just "talk" I'm told, which I've been told before. "It's how the president makes his deals." But I've never heard anyone talk about other human beings this way, and I'm not certain I can look my son in the eyes if we all agree to stomach it one more time. A civilization will die tonight, but as I zip up his backpack and kiss him off to school I think: if this is what we call leadership then I'm not entirely sure ours isn't already dead. @michaelfdubois Mukad A QuBoy @michacifdubois
Brutal.
It depends on how many smiley faces you put next to it.
This, but nudges.
Of all people, the USHMM did not understand the assignment. Their job was to warn and prevent, not comply in advance.
Look the job of the @nytimes.com Washington reporter is to tell you who said what, not to inform the NYT audience about important matters of fact
Yes, I’m sure it was the backlash that was pivotal.
Crazy two-three weeks coming up:
▪️Infrastructure week
▪️Repeal and replace Obamacare
▪️End Iran war
▪️Reopen Hormuz
▪️Finish review of withheld Epstein files
Funiculars available on request at the to-be-launched Camp, 🇨🇭edition.