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Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming
Court Strikes Down Trump's Replacement Tariffs; A Minor, Temporary Setback, With Sec 301 Tariffs Coming
After the close on Thursday, the Court of International Trade (CIT) ruled to invalidate Trump's latest set of universal 10% tariff imposed two months ago under Sec. 122. The administration will quickly appeal this decision before it takes effect May 12. If the case follows the same pattern as the challenge to the IEEPA tariffs last year, a higher court might soon stay this ruling and leave the tariffs in place pending a longer review.
As...
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May 30, 2026 / Tyler Durden
Missiles Rain Down On Northern Israel In Large Hezbollah 'Revenge' Operation
Missiles Rain Down On Northern Israel In Large Hezbollah 'Revenge' Operation
Northern Israel has come under heavy attack from Hezbollah on Saturday, after this past week a full-scale war has resumed in southern Lebanon, which even saw the resumption of Israeli airstrikes on Beirut's southern suburbs, much further to the north.
Even while Tel Aviv maintains the illusion of a ceasefire with Lebanon (as in, its government and national army), there is no ceasefire with Iran-linked Hezbollah, following weeks of sporadic drones being sent on northern Israel, as well as troop...
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May 14, 2026 / Joakim Book
Today’s AIs Show the Marginal Revolution's Unfinished Business
In 1871, the “discovery” of marginal economic analysis soon took a wrong turn, moving towards quantification, data, and mathematics. It is time to “rediscover” the margin, this time the margin as explained by Carl Menger.
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Jun 10, 2026 / Ryan McMaken
Medieval Europeans Paved the Way for Freedom in the West
Contrary to the myth that kings routinely ruled over cowed subordinates by "divine right" in the Middle Ages, civil governments of the period faced countless institutional obstacles to the exercise of power.
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