Ryan Young

2 days ago | cei.org | Ryan Young |Sean Higgins

May added 139,000 jobs to the economy, with the unemployment rate staying unchanged at 4.2 percent. Trump’s policies, namely his mission to shrink the federal government and the implementation of sweeping tariffs, have begun to shake up the labor market. CEI Research Fellow Sean Higgins:“Friday’s jobs report shows that President Trump’s effort to shrink the federal government is finally beginning to take hold. Federal employment was down 22,000 in May and is down 59,000 overall since January.

6 days ago | cei.org | Ryan Young

Lots of transportation-related regulatory cleanup this week. Friday alone had 47 proposed rules, most of them to repeal obsolete regulations. Two courts struck down Trump’s Liberation Day tariffs in separate decisions, though they will remain in effect until an appeal is heard. Before that decision, President Trump had announced a 50 percent tariff against Europe, then postponed it. He also announced a 25 percent smartphone tariff.

1 week ago | cei.org | Ryan Young

If I hadn’t become an economist, I might have found happiness as an evolutionary biologist. The two ways of thinking have a lot in common. Evolution is design without a designer; so are markets and other spontaneous orders. Over at Liberty Fund’s EconLog blog, I show how trade is one of evolution’s driving forces. Life as we know it is literally made of trade. Cell organelles used to be independent organisms, for example.

1 week ago | cei.org | Ryan Young

Last night, the Court of International Trade overturned the tariffs that President Trump implemented under the International Emergency Economic Powers Act (IEEPA). CEI senior economist Ryan Young says it’s time for Congress to back the courts and reclaim tariffing powers as delineated under the Constitution. “The separation of powers is one of America’s founding principles, and it is good to see courts reassert it. Presidential powers have limits.

1 week ago | cei.org | Iain Murray |Kent Lassman |Ryan Young

President Trump’s Liberation Day trade tariff policies are failing, just as economists predicted. What can stop the tariff-imposed pain of higher prices, fewer choices, and risk to businesses and jobs? A new CEI report by Kent Lassman, Ryan Young, and Iain Murray offers Congress a blueprint for reclaiming a say in U.S. trade policy. “A trade war, like all war, destroys,” said Kent Lassman, CEI president and report co-author.