PhilWMagness Profile Banner
Phil Magness Profile
Phil Magness

@PhilWMagness

Followers
34K
Following
48K
Statuses
23K

Economic historian @independentinst. I do data analysis about policy, past & present. Opinions are my own. "Neoliberalism" is a vacuous pejorative term.

Joined December 2012
Don't wanna be here? Send us removal request.
@PhilWMagness
Phil Magness
2 years
And yes, we now have empirical validation of these observations, which date back over a century. Marx's citation patterns had a significant boost from the Bolshevik Revolution in 1917, after remaining relatively flat in the preceding decades.
Tweet media one
32
39
273
@PhilWMagness
Phil Magness
6 minutes
@MattPolProf You'll be happy to know that I have been deemed a Marxist now by the NatCon right.
@PhilWMagness
Phil Magness
22 minutes
Apparently I am a Marxist now, according to the NatCon crowd, because I oppose their agenda of taxing trade. It sure was nice when words meant things...
Tweet media one
0
0
0
@PhilWMagness
Phil Magness
22 minutes
Apparently I am a Marxist now, according to the NatCon crowd, because I oppose their agenda of taxing trade. It sure was nice when words meant things...
Tweet media one
1
2
32
@PhilWMagness
Phil Magness
30 minutes
I literally denounced the Biden student loan forgiveness as unconstitutional on national media several times, including a Fox segment when the ruling was handed down. But NatCons are uninterested in facts...
@benlane638
Ben
55 minutes
@PhilWMagness So you are stating that it was ok for the Biden administration to ignore the courts ruling over student loan forgiveness, but Trump should be compliant. How deep does your hypocrisy run?
0
3
9
@PhilWMagness
Phil Magness
34 minutes
The NatCon weirdos have now convinced themselves that I am a Marxist.
5
0
24
@PhilWMagness
Phil Magness
35 minutes
@retirement321 It's unconstitutional.
0
0
1
@PhilWMagness
Phil Magness
38 minutes
@aphofer Exactly
0
0
0
@PhilWMagness
Phil Magness
38 minutes
@pat_revenge As noted, tariffs don't succeed at doing any of those things.
1
0
0
@PhilWMagness
Phil Magness
1 hour
@XmEconomics I know of no economist who adheres to that strawman belief.
0
0
1
@PhilWMagness
Phil Magness
1 hour
I literally wrote the top-referenced legislative history of the Morrill Tariff act. This is the NatCon tariff crowd's equivalent of the Marxists who shout "you haven't read Marx!" without realizing I also edited a book of Marx's writings.
Tweet media one
@IbnKhaldune
Von Ketteler
1 hour
@PhilWMagness One of Abraham Lincoln's first acts was to impose the Morrill Tariffs, which kept going up and up as we got richer and richer after the Civil War. We became a world power, with the largest and most sophisticated economy, under them.
1
0
24
@PhilWMagness
Phil Magness
1 hour
@CrossWil95392 Yes, hence why it is alarming to see JD Vance adopt Biden's strategy of attacking judicial review.
1
0
0
@PhilWMagness
Phil Magness
1 hour
@_MikeMoss You deny the existence of judicial review? Strange.
2
0
3
@PhilWMagness
Phil Magness
1 hour
@JohnJSSoriano @michaelbd It's all projection. Note that the guy who's assigning sweeping and erroneous views to economists writ large is also purporting to speak on behalf of some nebulous training in "statesmanship" that comes from an undergrad level of familiarity with international relations theory
0
0
1
@PhilWMagness
Phil Magness
1 hour
RT @JohnJSSoriano: "The costs of tariffs are well-known," and then inaccurately describes the costs of tariffs. There is weird assumption (…
0
4
0
@PhilWMagness
Phil Magness
1 hour
@Charlen20942771 There's a hearing next week to do exactly that. It was ordered by this "wacko activist"
1
0
0
@PhilWMagness
Phil Magness
1 hour
@Soxwin35 The order literally asks the exec branch to submit its arguments in writing by 5pm tuesday.
0
0
0
@PhilWMagness
Phil Magness
1 hour
@BrianTerry180 @ProjectVirginia @ValidScience So you're telling me you can't read?
0
0
1
@PhilWMagness
Phil Magness
2 hours
@GS612 Yes.
0
0
0
@PhilWMagness
Phil Magness
2 hours
@KurtCouchman @michaelbd Thin or not, there is clear statutory oversight on executive branch execution. And there's clear judicial review of whether those statutes are being followed. An expeditious court hearing is a reasonable venue to evaluate the competing claims, no?
1
0
0
@PhilWMagness
Phil Magness
2 hours
The order is very short and straightforward. It says there's a legitimate question to review over whether the APA & related statutes are being violated, pauses the audit until this can be reviewed, invites the two parties to file their arguments, and sets an expedited hearing to review it. Nothing out of the ordinary, and certainly nothing warranting the hyperbolic claims of JD Vance.
0
0
0