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April 28, 2025

You Autor Know

…smaller job loss totals using their estimates. As an example, we can compare two CZs with import exposure differing by a standard deviation, and otherwise plug in the same numbers…

April 9, 2025

Trump’s Tariff Formula Is Still Wrong. Maybe That’s Why No One Will Admit They Created It.

Last Friday, we showed that the Trump Administration’s tariff formula contained an error that made its calculated tariffs up to four times too large. The entire premise of the administration’s…

April 8, 2025

Discussing President Trump’s tariff formula miscalculation: Corinth on CNN News Central

Kevin Corinth, Deputy Director of the Center on Opportunity and Social Mobility, discusses President Trump’s tariff formula alongside AEI’s Stan Veuger on CNN News Central….

April 4, 2025

President Trump’s Tariff Formula Makes No Economic Sense. It’s Also Based on an Error.

…31% 10.0% Switzerland 31% 10.0% Algeria 30% 10.0% Nauru 30% 10.0% South Africa 30% 10.0% Pakistan 29% 10.0% Tunisia 28% 10.0% Kazakhstan 27% 10.0% India 26% 10.0% South Korea 25%…

February 20, 2025

The American Dream Is Not a Coin Flip, and Wages Have Not Stagnated

…opinion also consistent with long-run trends in living standards and opportunity? According to populists on the right and left, Americans have seen meager income growth at best. National conservatives like…

January 22, 2025

How the Trump Administration Can Hit Its Growth Target

…a touchstone of Donald Trump’s second presidency. More robust growth not only implies higher incomes and living standards – surely the basic objective of economic policy – but also can…

January 16, 2025

Should We Believe the Economic Data or Americans’ “Lyin’” Eyes? The Answer Is Yes.

…be sure, current levels of satisfaction are low by historical standards, but general dissatisfaction seems to be the status quo. Figure 1. Trends in Satisfaction with the Way Things Are…

December 20, 2024

Fixing Inflation, Right-Sizing the Federal Government

…the increase in the cost of living, each year, it becomes a more generous standard, qualifying more families for benefits than would be the case if the CPI were not…

December 17, 2024

Industrial Policy and Deficits: Dark Clouds for Democratic Capitalism

…overrides markets, it slows economic growth and threatens long-term prosperity. By slowing productivity growth, wage growth, and the rate at which living standards rise, it also undermines support for liberal…

December 5, 2024

Inflation Reduction Act Offers a General Lesson against Industrial Policy

…to additional investment, faster productivity and wage growth, and higher living standards for American households. This would cost around $400 billion over a decade. Congress should make up that lost…