Scherzer on umps: 'We need to rank the umpires. Let the electronic strike zone rank the umpires. We need to have a conversation about the bottom — let's call it 10% — whatever you want to declare the bottom is, and talk about religating those umpires to the minor leagues.'

My new Capitolism The Dispatch looks at how the global economy quickly adjusted post-Baltimore (1 month ago), & asks why so many people keep underestimating its resilience:

'The Baltimore Accident and Other ‘Supply Chain Crises’ That Keep Not Happening' thedispatch.com/newsletter/cap…

I have a new piece in Le Grand Continent: Trump, Biden and the American protectionist matrix legrandcontinent.eu/fr/2024/04/24/…

Capitalism is the best!

10/10 no notes etc etc usatoday.com/story/opinion/…

'Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called 'A16' will enter production in the second half of 2026.' finance.yahoo.com/news/tsmc-says…

An FTC report identified most of the policy-related impediments that exacerbated the infant formula crisis of 2022. It did not mention, however, how highly restrictive US trade policies also contributed.

✒️ Scott Lincicome & Alfredo C. Obregón: cato.org/blog/ftc-gets-…

#CatoTrade

Foolish ideas from 140 years ago cripple us today. Free the Love Boat.
Scott Lincicome Timothy Taylor
latimes.com/opinion/op-ed/…

'The politicians and commentators wailing about supply chain fragility fail to understand the speed and extent to which markets adjust in response to normal economic shocks.'

Scott Lincicome writes:
thedispatch.com/newsletter/cap…

Interesting read from Scott Lincicome on the Baltimore supply chain crisis that never happened - and what it shows about the resilience of the global trade system thedispatch.acemlna.com/lt.php?s=5d591…

'The problems of the Jones Act have been well-known for decades, and nothing has changed. Every proposal for industrial policy faces similar political economy dynamics.' 💯

Scott Lincicome Free markets self-correct.

🤖💪📈