March 2026 ISSUE

Trade, Tariffs, and Trust

By David Hebert

Trade is not just about transactions. It’s about relationships and trust built and earned over time. Just over a year ago, citing the International Emergency Economic Powers Act (IEEPA), President Trump began unilaterally changing tariff rates with countries around the wor...

The Major Tariff Question

By John O. McGinnis

Learning Resources reaffirms that taxation is Congress's responsibility, and declaring “emergency!” does not rewrite the separation of powers. The Supreme Court’s decision in Learning Resources v. Trump will have immediate political effects, substantial economic ...

Property Rights and the Arctic Contest

By Maurizio Bovi

In recent years, the Arctic has returned to the center of public attention: the renewed interest in Greenland, the progressive opening of maritime routes due to ice melt, and the claims over areas like the Svalbard archipelago are clear signals that Arctic policy will r...

How Productivity Advances

By Arnold Kling

Every line trending upward, every drop in cost, every additional ounce of efficiency we can squeeze from a bundle of inputs is the product of deliberate effort—of thousands of workers, engineers, factory managers, and line supervisors redesigning products, rearranging facto...

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