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econdude.bsky.social

@econdude.bsky.social
56 followers 45 following 272 posts

Kevin Christ, Emeritus Professor of Economics, Rose-Hulman Institute of Technology. International Trade Economist and Historian of Economic Thought.

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econdude.bsky.social @econdude.bsky.social · 02/10/2026
kpcecon.substack.com/p/the-much-t... My latest Substack post… The greatest threat to unfettered capitalism might just be unfettered capitalism itself.
kpcecon.substack.com
The much-tattered flag of capitalism
Blind faith in ideologies doesn’t often lead to good political debate or good outcomes.
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econdude.bsky.social @econdude.bsky.social · 02/10/2026
My reading of economic history leads me to wonder whether the people responsible for this sign really know what either word means.
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econdude.bsky.social @econdude.bsky.social · 26/09/2026
@ezrakleinbot.bsky.social Klein’s podcast with Jensen Huang is an unsettling display of engineering hubris. “Technology frontiersmen” envision a future in which humanity acquires unknown skills that allow it to control its creation. Have they read Frankenstein? podcasts.apple.com/us/podcast/j...
podcasts.apple.com
Jensen Huang Thinks A.I. Alarmism Has Gone Too Far
Podcast Episode · The Ezra Klein Show · September 23 · 1h 48m
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econdude.bsky.social @econdude.bsky.social · 19/09/2026
Guardrails On the impulse for social protection: We need political leaders who will help us reclaim the capacity to “imagine and create the future”, because the future should not be something we have to fear. My latest post on Substack. kpcecon.substack.com/p/guardrails...
kpcecon.substack.com
Guardrails
On the impulse for social protection.
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econdude.bsky.social @econdude.bsky.social · 27/08/2026
Such childish behavior, intended only to bully and annoy. What a waste of time. I’d like to believe we deserve better “leadership” than this, but I guess I’ll have to wait until November to see if that’s still true. I am so tired of such silly crap.
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econdude.bsky.social @econdude.bsky.social · 22/08/2026
@jaredb-econ.bsky.social @whitehouse.senate.gov
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econdude.bsky.social @econdude.bsky.social · 21/08/2026
Who knew that fiscal policy was harder than a free kick? My latest Substack on the Treasury secretary’s attempt to bend the market to his will. substack.com/@kpcecon/not...
substack.com
Bend It Like Bessent
Setting fiscal policy turns out to be a lot harder than making a free kick in soccer.
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econdude.bsky.social @econdude.bsky.social · 08/08/2026
Attempting to create an impression that tariff revenue has contributed to some sort of systematic reversal of 30 years of growing debt is disingenuous at best, deceptive at worst. My latest Substack post… substack.com/@kpcecon/not...
substack.com
A Cruel Joke
Claims about tariff revenue paying down our national debt are not a serious way to address our growing fiscal imbalance.
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econdude.bsky.social @econdude.bsky.social · 08/08/2026
www.ft.com/content/daec... Gillian Tett on yen intervention and Japan’s debt. Perhaps some relevance for U.S.? What will we do when our debt-servicing costs begin to rise, with 28% of Treasuries foreign-owned and our lack of social cohesion or a “strong cultural tradition of shared sacrifice”?
ft.com
Yen intervention illustrates the dangers of monetary experiments
Tokyo and Washington’s desire to maintain stability may be creating long-term danger
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econdude.bsky.social @econdude.bsky.social · 02/08/2026
I suppose it’s possible that moral considerations were a key part of the decision making process that spurred these new tariffs, but please pardon me if I’m a bit cynical about that. ustr.gov/about/policy...
ustr.gov
USTR Takes Action in Forced Labor Section 301 Investigations
WASHINGTON – Today, Ambassador Jamieson Greer is taking final action, at President Trump’s direction, under Section 301 of the Trade Act of 1974 by imposing tariffs on 60 economies for their failure t...
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econdude.bsky.social @econdude.bsky.social · 02/08/2026
As @pkrugman.bsky.social once noted, our tariff system “… was not designed for somebody with Donald Trump’s views of how the world works.” That’s a problem. Trump’s idea about how the world works is that the world must conform to his views… My latest Substack post… substack.com/@kpcecon/not...
substack.com
The Tariff Truce Is Over
Donald Trump is not about to allow the Supreme Court, or for that matter, sound economic reasoning and empirical evidence, alter his views about how trade works.
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econdude.bsky.social @econdude.bsky.social · 25/07/2026
My latest Substack post … On rogue AI agents and re-reading Polanyi… …what if the successes of so-called Democratic Socialists are not portents of some nefarious plot, but natural responses of a society grasping to regain some measure of control over its destiny? open.substack.com/pub/kpcecon/...
open.substack.com
The Race Toward the Cliff
An autonomous AI Agent has gone rogue. Do we have any idea what that really means?
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econdude.bsky.social @econdude.bsky.social · 25/07/2026
“Functional information-processing taking place in an atemporal mathematical space is so utterly unlike the lived intelligence of a human being that to call it ‘intelligence’ at all is to wholly falsify its nature. ‘Artificial intelligence’ is a highly consequential misnomer.”
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econdude.bsky.social @econdude.bsky.social · 19/07/2026
Remember the promised “capital surge” associated with all those trade deals last year? The president was at it again this week, promising “massive” new investment from Gulf states in exchange for our being the “Guardian” of the Straight of Hormuz. Can you see the surge?
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econdude.bsky.social @econdude.bsky.social · 17/07/2026
Just like last year’s trade deals with Japan and the EU, Trump again this week was promising “massive” new investment from the Gulf states in exchange for our services as the “Guardian” of the Straight of Hormuz. Pure fiction. My latest Substack post… substack.com/@kpcecon/not...
substack.com
Of Fictions and Power
Ultimately, it must be better to base policy on truth, not fiction.
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econdude.bsky.social @econdude.bsky.social · 14/07/2026
“Each CFO spends because every other CFO is spending and the multiple rewards the spender…” Kinda reminds me of Chuck Prince in the Financial Times, 9, July 2007: “…as long as the music is playing, you’ve got to get up and dance. We’re still dancing.”
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Reposted by @econdude.bsky.social
Eric Alper @thatericalper.com · 04/07/2026
Bruce Springsteen’s “Born In The U.S.A.” has jumped into the Top 10 on the U.S. iTunes Song Chart, the 42nd consecutive year of people not listening to the lyrics.
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econdude.bsky.social @econdude.bsky.social · 02/07/2026
Make no mistake: the Declaration of Independence is a secular, not a religious, document. It is an expression of Enlightenment values, not religious ones. My latest post on Substack… open.substack.com/pub/kpcecon/...
open.substack.com
Independence
Prefatory Note: I’m posting a few days early this week because of the upcoming holiday.
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econdude.bsky.social @econdude.bsky.social · 23/06/2026
M
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econdude.bsky.social @econdude.bsky.social · 11/06/2026
How much money was made today “on the inside”?
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econdude.bsky.social @econdude.bsky.social · 06/06/2026
My latest Substack post. Can we please get serious about our fiscal situation? We have both a revenue problem and an expenditure problem… open.substack.com/pub/kpcecon/...
open.substack.com
It's Complicated
Fairness and fiscal responsibility are complicated issues. Simple solutions often aren’t solutions at all.
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econdude.bsky.social @econdude.bsky.social · 30/05/2026
I’m tired of Jeff Bezos. My latest Substack post… substack.com/@kpcecon/not...
substack.com
About that Nurse in Queens…
Why would we assume that someone who has either excelled or gotten lucky in business has something important to say about taxes and leadership of a country?
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econdude.bsky.social @econdude.bsky.social · 28/05/2026
Absolutely no one could have seen this coming… Oil jumps after fresh U.S. strikes in Iran revive Strait of Hormuz turmoil fears www.cnbc.com/2026/05/28/o...
cnbc.com
Oil prices jump 3% after Iran says it targeted U.S. airbase following fresh American strikes
Oil prices rose on Thursday after fresh U.S. strikes in Iran renewed concerns over disruptions to commercial shipping through the Strait of Hormuz.
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econdude.bsky.social @econdude.bsky.social · 23/05/2026
Lots of talk about Thucydides after the recent Beijing summit, so I decided to write about it in my latest Substack post. substack.com/@kpcecon/not...
substack.com
Apparatus of the Mind (@kpcecon)
Without realizing it, I wrote about the Thucydides Trap 21 years ago…
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econdude.bsky.social @econdude.bsky.social · 16/05/2026
In my latest Substack essay I address the issue of our public debt and complain a bit about how we allow ourselves to be distracted and misled on that issue. open.substack.com/pub/kpcecon/...
open.substack.com
Our Short Little Span of Attention
It’s time to start paying attention and to demand that our elected officials confront the real causes of our growing public debt.
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econdude.bsky.social @econdude.bsky.social · 15/05/2026
So many lies, so much bluster, and so many old-man grievances packed into three paragraphs. “$18 trillion being invested in the U.S. by others”? Who, other than a delirious old man holding onto power, believes such things?
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econdude.bsky.social @econdude.bsky.social · 29/04/2026
I guess it’s official.
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Reposted by @econdude.bsky.social
The Contrarian @contrariannews.org · 20/04/2026
We’ve broken the equilibrium between the energy we receive from the sun and what we radiate back into space. We’ve turned our atmosphere into a heat-trap, with greenhouse gas concentrations at their highest levels in 800,000 years.
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econdude.bsky.social @econdude.bsky.social · 19/04/2026
My latest Substack: Betting on a “golden age” is a dangerous approach to economic policy. open.substack.com/pub/kpcecon/...
open.substack.com
Another Great Call?
Betting on golden ages in economics is risky business.
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econdude.bsky.social @econdude.bsky.social · 12/03/2026
Alan Beattie in the Financial Times: Trump’s Iran folly is handing Xi Jinping weapons in the trade war Ouch: “To increase your economic credibility relative to the US at the moment you simply have to make fewer mistakes than Trump, and that’s hardly the most daunting of tasks.”
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econdude.bsky.social @econdude.bsky.social · 08/03/2026
open.substack.com/pub/kpcecon/... My latest Substack post… Instead of fostering fellowship with the rest of the world we seem to be actively antagonizing it.
open.substack.com
In Fellowship...
Instead of fostering fellowship with the rest of the world we seem to be actively antagonizing it.
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econdude.bsky.social @econdude.bsky.social · 22/02/2026
My latest Substack essay: open.substack.com/pub/kpcecon/...
open.substack.com
Large and Persistent Mistakes
When it comes to economic and trade policy, “deliberation tempers impulse”.
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econdude.bsky.social @econdude.bsky.social · 15/02/2026
substack.com/@kpcecon/not... My latest Substack essay — an ode to my favorite German economist.
substack.com
Apparatus of the Mind (@kpcecon)
An ode to an obscure German economist.
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econdude.bsky.social @econdude.bsky.social · 01/02/2026
“With a judicial finger in the constitutional dike … it is so ORDERED. storage.courtlistener.com/recap/gov.us...
storage.courtlistener.com
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econdude.bsky.social @econdude.bsky.social · 28/01/2026
substack.com/@kpcecon/not... My latest Substack post.
substack.com
Apparatus of the Mind (@kpcecon)
The global system of rules and institutions that has governed international trade and finance for nearly 80 years is unraveling before our eyes.
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econdude.bsky.social @econdude.bsky.social · 28/01/2026
aje.news/rtcwnq So tired of his “Whac-a-Mole” strategies. Didn’t like what I did yesterday? Look at me! I’m doing something different today!
aje.news
Trump reiterates threat of military action with demand for Iran deal
Fears of US attack rise as president says Tehran can either negotiate 'a fair and equitable deal' or face a US armada.
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econdude.bsky.social @econdude.bsky.social · 12/12/2025
Very proud of my state senator Greg Goode. I do not agree with him on many things, but on this issue he and I are of one mind, and he does not deserve to be threatened by Trump goons as he has been.
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econdude.bsky.social @econdude.bsky.social · 07/12/2025
Sadly, none of these qualities matter to Trump. The only thing that matters for him is loyalty.
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econdude.bsky.social @econdude.bsky.social · 17/11/2025
This was totally predictable. When will Republicans learn that there is no free will, only THE will of the leader? Their Faustian bargain for power comes at terrible cost. indianacapitalchronicle.com/2025/11/16/t...
indianacapitalchronicle.com
Trump targets Gov. Mike Braun, Senate Republicans in redistricting spat • Indiana Capital Chronicle
President Donald Trump on Sunday called out two "RINO Senators" as well as Gov. Mike Braun for the state's failure to move forward with redistricting
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econdude.bsky.social @econdude.bsky.social · 04/11/2025
Have been thinking about the term “Gleichschaltung” for some weeks now. Here it is.
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econdude.bsky.social @econdude.bsky.social · 25/10/2025
For longer form commentary, I’ve been posting on Substack. open.substack.com/pub/kpcecon/...
open.substack.com
Fairness and the Global Trading System
Achieving fairness within a country is always more dependent upon that country's domestic policies than anything else.
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econdude.bsky.social @econdude.bsky.social · 24/10/2025
So Trump is upset about a commercial by the Province of Ontario featuring Reagan arguing against protectionism. Why is DT so afraid to engage in a debate over ideas? Perhaps his aren’t that good? on.ft.com/49kWJFH Trump says he is ending trade negotiations with Canada
on.ft.com
Trump says he is ending trade negotiations with Canada
US president voices anger at anti-tariff advertisement by province of Ontario
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econdude.bsky.social @econdude.bsky.social · 15/10/2025
October 15, 1929: Yale economist Irving Fisher told the Purchasing Agents Association that stock prices had reached “what looks like a permanently high plateau.”
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econdude.bsky.social @econdude.bsky.social · 23/09/2025
Tim Cook presented Donald Trump with an engraved plate on a gold base on August 6. Apple stock opened at $205.63 that day, and closed at $256.10 today, just under $750 billion increase in market cap. We don’t know the cost of the gift, but it seems to have been one of Apple’s better investments.
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econdude.bsky.social @econdude.bsky.social · 09/09/2025
R.I.P. Edward R. Murrow, Walter Cronkite, Eric Sevareid, Roger Mudd, Charles Kuralt, Daniel Schorr, Morley Safer, Journalism as a public good…
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Reposted by @econdude.bsky.social
John Cassidy @johncassidysays.bsky.social · 09/09/2025
Someone should write a book about how we got here. 🙃
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econdude.bsky.social @econdude.bsky.social · 09/09/2025
@drodrik.bsky.social I’ve taught International Trade for more than twenty years, and this post was always linked on my course site under “Governance of Global Trade”. Invaluable. rodrik.typepad.com/dani_rodriks...
rodrik.typepad.com
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econdude.bsky.social @econdude.bsky.social · 07/09/2025
@justinwolfers.bsky.social Professor Wolfers is right. We are allowing state capitalism to replace market capitalism, and economic nationalism to replace globalism. We are meekly allowing a political movement to erode our children’s futures.
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econdude.bsky.social @econdude.bsky.social · 07/09/2025
@codendahl.bsky.social “…but the time frame and precise implementation were left undefined.” Given the scale of recent FDI by Japan into the U.S. (~75b in 2024), perhaps we should be more than a little skeptical?
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