Phil Magness
@PhilWMagness
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Economic historian @independentinst. I do data analysis about policy, past & present. Opinions = my own. I block Tarrif-Bots & anon accounts who waste my time.
Joined December 2012
I'm pleased to announce that over 150 economists and scholars in adjacent fields have signed a declaration opposing the economically harmful, constitutionally dubious tariff policies of the United States. Please add your name at the link below.
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RT @PhilWMagness: Quinn Slobodian's book "Globalists" argued that Austrian econ birthed the WTO to force free trade on the world. His book….
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Tariff Fauci is posting again, and he still does not comprehend that US consumers will end up paying the brunt of these policies in the form of higher prices.
Our trade deal with Vietnam is a massive win for America's businesses, manufacturers, and farmers!. For the FIRST TIME EVER, Vietnam will open its market to the United States. They will pay 20% to sell their products here, and 40% on transshipping - meaning if another country
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Tariff-induced uncertainty is taking an economic toll with weakening job market numbers.
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How about the Hungarian forint?.
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RT @crenshawactual: Committing Straw Man.Committing Straw Ma.Committing Straw M.Committing Straw.Committing Stra.Committing Str.Committing….
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RT @TheBabylonBee: Mamdani Says He Will Build Wall Separating East New York From West New York .
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RT @tedfrank: In a saner America, quoting Marx aspirationally would have the same deserved effect on one’s political career as quoting Hitl….
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This is hilarious. 25% of the signers of the "Economists for Zohran" letter are not even economists. And Oren Cass hasn't signed yet, so there's still time to increase the percentage.
@HannoLustig And at least 8 (25%) of them are not economists.
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If academia was honest, the entire "neoliberalism controls the world" literature of the last 2 decades would be discredited over its failure to predict economic Trumpism. Instead, they just changed the definition of the term and declared that Trump is - somehow - a "neoliberal".
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This is tantamount to an ideological litmus test, and in some cases outright discriminatory practices, in order to publish in an alleged "top" law journal. Its contents from this period should be discounted accordingly.
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The Trump CEA's theories about trade policy have resemblance to the Biden CEA's theories about the causes of inflation.
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RT @PhilWMagness: @RCannon74 @oren_cass Cass: "Cutting taxes are a libertarian conspiracy to Christianize free markets by injecting religio….
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RT @IndependentInst: @PhilWMagness, Senior Fellow and David J. Theroux Chair in Political Economy, will attend the 2025 Vinson Centre Annua….
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And yes, since it's Kruse, this book also has plagiarized passages.
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Oren's narrative is the major thesis of Kruse's book "One Nation Under God," which claims to unravel a giant conspiracy between libertarians and Christians to gut the New Deal economic agenda. I reviewed it here:
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