Category

Economics

Center on Wealth, Poverty, and Morality

Chinese Yuan and US dollars on the map of China. Trade war between US and China, economic sanctions

How the U.S. Can Solve the Current Trade Tariff Impasse With China

Trade talks between the U.S. and China have hit an impasse, but there is surprising bipartisan support for the Trump administration to stay the course on what will be a long process to resolve the full range of trade problems specific to China. Success on this first round of trade negotiations in the form of ending the tariff penalties that are at the heart of a year-old trade war, with further reduction and even elimination of tariffs on as many categories as possible, should actually be attainable in the near term. Future rounds of trade talks to find remedies for China’s intellectual property and trademark theft, national security threats, and forced technology transfer from American companies doing business in China will be far more problematic. China is already feeling the pain of our tariffs, just as American farmers are feeling the pain of their retaliatory tariffs against U.S. agricultural products. Both sides benefit from more trade with minimal tariffs that come naturally because of comparative advantage — a theory that has worked consistently since David Ricardo developed it in 1817. Read More ›
Seattle Skyline

How Seattle’s Elite Brushes Off Violent Homeless Crime

A year ago, in Seattle, a man living in a city-funded homeless encampment raped a woman in the bathroom of a Volkswagen dealership in the city’s Ballard neighborhood, according to the victim and law enforcers. Christopher Teel had arrived from Texas as a transient and was evading at least one active warrant, but the city-sanctioned encampment welcomed him without conducting a criminal-background check. The story caused a sensation, with wide media coverage and public demands for increased security measures, but the woman, Lindsey, ­remained silent, and her identity was kept secret. Nearly a year later, Lindsey contacted me. Read More ›

The Bill Walton Show: “Half Earth for Species Protection” with Ron Maxwell and Skipper Darlington

The population of humans has almost tripled since 1950, and the impact on other species has been profound. Humans have absorbed vast amounts of habitat for living space and farmland, leading to the extinction of hundreds of species and threats to countless others. Ron Maxwell and Skipper Darlington join Bill Walton to talk about a radical but oddly simple and Read More ›

Gilder Fellows Summer Seminar

The Gilder Fellows Seminar is an intimate study experience with Discovery Institute Fellows in Seattle, Washington, in August 2019. At the Gilder Fellows Seminar, you'll have the chance to interact with scholars George Gilder, Michael Medved, Jay Richards, John West, and others. Read More ›
Jenny_Durkan_01

Seattle’s Revolt of the Elites

In Seattle, people are losing patience with city leadership over the homelessness crisis, but the frustration is running in both directions: the city’s political, cultural, and academic elites are conducting their own revolt — against the people. Since the release of Eric Johnson’s documentary Seattle Is Dying, which depicts an epidemic of street homelessness, addiction, crime, and disorder, city elites have launched a coordinated Read More ›

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President Donald Trump greets British Prime Minister Theresa May upon her arrival, Friday, Jan. 27, 2017, to the West Wing entrance of the White House in Washington, D.C. (Official White House Photo by Shealah Craighead)
Official White House Photo by Shealah Craighead, via Wikipedia.org Commons

How Theresa May Can Get a Better Brexit Deal — and How Trump Can Help

Last week, British prime minister Theresa May failed for a third time to secure a majority in Parliament for her Brexit deal. Now she faces an ever-narrowing set of options. ... Yet, as she must realize, delay by itself offers no hope of a fundamental change in the dynamics of the negotiation and, therefore, no realistic hope of resolving the political crisis now engulfing Britain. Read More ›
Chinese Yuan and US dollars on the map of China. Trade war between US and China, economic sanctions

U.S. Trade Deal with China Imperfect, but Both Sides Benefit

The U.S. and China are edging closer to finalizing a trade deal that should end the tariff penalties that are at the heart of a year-old trade war. But a comprehensive deal that includes remedies for China’s theft of intellectual property and forced technology transfer from American companies doing business in China may not be in the cards in closing Read More ›

Space Needle

A Brewing Rebellion in the Emerald City

For the past five years, like many of its West Coast counterparts, Seattle has endured a steady expansion of homelessness, addiction, mental illness, crime, and street disorder. But the activist class—a political and cultural elite comprising leaders in government, nonprofits, philanthropy, and media—has enforced a strict taboo on declaring the obvious: something is terribly wrong in the Emerald City. Last month, veteran Seattle reporter Eric Johnson of KOMO violated that taboo with a shocking, hour-long documentary called Seattle is Dying, which revealed how the city has allowed a small subset of the homeless population—drug-addicted and mentally-ill criminals—to wreak havoc. Johnson’s portrait is backed up by evidence from King County homelessness data, by city attorney candidate Scott Lindsay’s “prolific offender” report on 100 homeless individuals responsible for more than 3,500 criminal cases, and by my own reporting on the homelessness crisis. Read More ›