
Pierre Lemieux
Author and Contributor at Freelance
Economist & author. Latest book: What's Wrong with Protectionism? (Rowman & Littlefield, 2018)
Articles
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3 weeks ago |
econlib.org | Pierre Lemieux
I don’t want to sound too paternalistic, but one thing should be said: poor Elon Musk played a game he does not understand. “This is what victory feels like,” he shouted with overexcitement at Mr. Trump’s inauguration event (it is worth watching the 1.25-minute video). He had contributed more than $250 million to the Trump 2024 campaign.
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3 weeks ago |
econlib.org | Pierre Lemieux
An Econlib article by Peter Boettke on “Virginia Political Economy: James Buchanan’s Journey” shows how political philosophy and economics were enmeshed in Buchanan’s work, and how he made major contributions to both fields. It also reminded me of an interesting two-part video of an interview of Buchanan by Geoffrey Brennan.
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3 weeks ago |
econlib.org | Pierre Lemieux
It is certain that President Trump’s reply to the TACO (“Trump Always Chickens Out”) accusation will not win him a Nobel prize in economics. The Wall Street Journal reports (“The ‘TACO Trade’ That Has Trump Fuming,” May 28, 2025):The president rejected claims that he is backing down on tariffs, saying his strategy involves setting a “ridiculous high number” before negotiating it down in exchange for concessions.
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4 weeks ago |
econlib.org | Pierre Lemieux
Wall Street Journal editor Matthew Hennessey rightly criticied Vice-President JD Vance’s statement that the market is just “a tool, but it is not the purpose of American politics.” (“JD Vance Is Wrong: The Market Isn’t a ‘Tool,’” Wall Street Journal, May 26, 2025). Hennessey argues that markets are simply the way humans naturally trade and exchange without coercion:I give you this, you give me that. Simple exchange is what makes a market. Not faith, not mantras, not brick and mortar.
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1 month ago |
econlib.org | Pierre Lemieux
Welcome to a little thought experiment. Suppose that Mississippi became a sovereign country. “Sovereign” means that the state apparatus can make any decision, even one that violates international law. The flip side of sovereignty is that the state can also impose its decision on the country’s residents or a portion of them, and that other states in the world have no recognized right to intervene against that imposition.
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A must-read. #Trump #presidents #kings -- How Trump's Imposition of Massive Tariffs is Repeating the "Ship Money" Abuses of King Charles I https://t.co/yeTJL2tBBm via @reason

"A collective choice by a small, temporary, and fragile minority that seriously negates some individuals’ preferences can be expected to fuel political violence." #democracy #naivedemocratism #Minnesota #politicalviolence https://t.co/ObpEyUe6YS

"A choice by a small, temporary, and fragile minority that seriously negates some individuals’ preferences can be expected to fuel political violence." #democracy #naivedemocratism #Minnesota #politicalviolence https://t.co/ObpEyUe6YS