Author | Lightnews

Bill Hauk @billhauk.bsky.social · 1d

The TLDR version of this is that IEEPA does not give the President the authority to impose tariffs to correct trade imbalances. Section 122 of the Trade Act of 1974 -- passed around the same time -- does, but under much more restrictive guidelines than those asserted by the President under IEEPA.

Bill Hauk @billhauk.bsky.social · 1d

I have signed on to an Amicus brief -- spearheaded by
Marc Busch at Georgetown -- that was filed with the Supreme Court yesterday in the IEEPA tariffs case (Trump v. V.O.S. Selections). 1/2

www.supremecourt.gov/DocketPDF/25...

www.supremecourt.gov

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Bill Hauk @billhauk.bsky.social · 9d

Me and my crazy WiFi logins...

Bill Hauk @billhauk.bsky.social · 9d

Got eduroam working on the first try -- ama #EconSky

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Bill Hauk @billhauk.bsky.social · Sep 7

Got my hopes up for a minute.

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Bill Hauk @billhauk.bsky.social · Aug 14

I feel like maybe somebody should have said something.

Tom Hearden @followtheh.bsky.social · Aug 14

blowout PPI

*US JULY PPI EX FOOD & ENERGY RISES 0.9% M/M; EST. +0.2%

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Bill Hauk @billhauk.bsky.social · Aug 12

In fairness, going to a top Econ program is probably a good proxy for more important variables - like GRE scores and Real Analysis grades.

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Bill Hauk @billhauk.bsky.social · Aug 3

Because the IEEPA-based tariffs, especially, are constitutionally questionable, I could see a scenario where they're scrapped along with all executive orders based on alleged national emergencies. But yeah, I'm pessimistic about getting back to a pre-Trump trade order generally.

Reposted by Bill Hauk

Aaron Sojourner @aaronsojourner.org · Aug 1

What to make of POTUS's attempt to fire the Commissioner of the Bureau of Labor Statistics (BLS)?

Let's run down what knowledgable people are saying...

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Bill Hauk @billhauk.bsky.social · Jul 25

Addendum: I've also literally tried writing a paper that combined economics and Catholic theology, and I had a really hard time finding a place that would publish it.

Bill Hauk @billhauk.bsky.social · Jul 25

#EconSky

My meta-economic theory is that, in the last couple decades, the increases in big data, computing power, and AI and machine learning have significantly lowered the marginal cost of doing empirical work that would have seemed daunting when I was a grad student, let alone the generation 1/

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Bill Hauk @billhauk.bsky.social · Jul 25

Or maybe not. I can't plan that out from my limited perspective. /fin

Bill Hauk @billhauk.bsky.social · Jul 25

before me. Hence, it's not surprising that there's been a big shift towards theory-lite empirical work. My guess is that we'll probably hit a point of diminishing returns on that soon, and more of a balance will be restored between theory (neoclassical or whatever) and empirical work. 2/

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Bill Hauk @billhauk.bsky.social · Jul 25

#EconSky

My meta-economic theory is that, in the last couple decades, the increases in big data, computing power, and AI and machine learning have significantly lowered the marginal cost of doing empirical work that would have seemed daunting when I was a grad student, let alone the generation 1/

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Bill Hauk @billhauk.bsky.social · Jul 22

Historically, I've been more of a practitioner of early childhood economics than a scholar. But every so often it intersects with trade policy, and I was interviewed by Babycenter.com:

www.babycenter.com/family/money...

BabyCenter | The Most Accurate & Trustworthy Pregnancy & Parenting Information

Find information from BabyCenter on pregnancy, children's health, parenting & more, including expert advice & weekly newsletters that detail your child's…

Babycenter.com

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Reposted by Bill Hauk

Scholars Strategy Network @scholars.org · Jul 17

We are excited to welcome @billhauk.bsky.social of @sc.edu to the network! Hauk's research focuses on international trade, foreign direct investment, economic growth, and political economy.

Learn more: scholars.org/scholar/will...

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Reposted by Bill Hauk

Karthik Sankaran @rajakorman.bsky.social · Jul 13

If Moo Deng were to move to the oldest continuous European settlement in North America, she could be Hippo of Augustine.

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Bill Hauk @billhauk.bsky.social · Jul 10

Research in International Trade be like:

#EconSky

theonion.com/study-97-of-...

Study: 97% Of Average American’s Day Spent Retrieving 6-Digit Codes

CHICAGO—Shedding light on how technology increasingly shapes everyday life, a study published Thursday by the American Journal Of Sociology revealed that the average American dedicates 97% of their da...

theonion.com

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Reposted by Bill Hauk

David Gura @davidgura.bsky.social · Jul 9

ICYMI, the U.S. Constitution gives lawmakers the power “to regulate Commerce with foreign Nations.”

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Bill Hauk @billhauk.bsky.social · Jul 9

I've got a good feeling about this

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Bill Hauk @billhauk.bsky.social · Jul 7

I haz sad.

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Bill Hauk @billhauk.bsky.social · Jul 3

"I'm not like a regular professor, I'm a cool professor!" I say to myself, referencing a movie that was released when my average student was about 4.

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Bill Hauk @billhauk.bsky.social · Jul 1

Semi-serious suggestion -- legislation should be written on GitHub.

www-nbcnews-com.cdn.ampproject.org/v/s/www.nbcn...

A megabill mystery: New solar and wind tax comes as a surprise to Republican senators

"I don't know where it came from," Sen. Lindsey Graham, R-S.C., the chairman of the Budget Committee, told NBC News after he released the 940-page legislation.

www-nbcnews-com.cdn.ampproject.org

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Bill Hauk @billhauk.bsky.social · Jun 30

People may not talk about the 1910 midterm elections much nowadays, but when I was a kid, Milwaukee's socialist past was a major part of the cultural zeitgest.