Supreme court will now have to rule on issue of if president overstepped his authority in upending trade policy Donald Trump overstepped his presidential powers with most of his globe-rattling tariff policies, a federal appeals court in Washington DC ruled on Friday. US law “bestows significant authority on the president to undertake a number of actions in response to a declared national emergency, but none of these actions explicitly include the power to impose tariffs, duties, or the like, or the power to tax”, the court said. Continue reading...

Being paranoid doesn't mean they aren't conspiring against you

Joining a cult is high on the list of things that we believe only happens to other people.

Slapping the snooze bar is a cognitive dissonance management technique that is both essential and inevitably abused.

This year is going to be a big one for cognitive dissonance, so I’d like to take a moment to give some points on cognitive dissonance management.

We’ve come to the part of tariffs that everyone usually jumps to without thinking about it: the sum total effects.

Last post, I left you with some bread crumbs and a pair of conundrums, and presented the game theory considerations.

The story I heard about washing machine tariffs was that Trump decided he wanted to draw a hard line against the Chinese, and created tariffs of unprecedented breadth and scope to prevent them from st...