Tarnell Brown
@eccentricecon.com
giving us an acting or de facto chair running policy while the White House and Senate fight over a permanent pick—an arrangement that’s procedurally legal but institutionally awkward. What fun times we live in!
January 12, 2026 at 10:49 PM
giving us an acting or de facto chair running policy while the White House and Senate fight over a permanent pick—an arrangement that’s procedurally legal but institutionally awkward. What fun times we live in!
The Board can elect a chair pro tempore if the chair and vice chair posts are vacant, and the FOMC can in principle choose its own presiding officer,
January 12, 2026 at 10:49 PM
The Board can elect a chair pro tempore if the chair and vice chair posts are vacant, and the FOMC can in principle choose its own presiding officer,
#FedIndependence #JeromePowell #DollarDominance #RuleOfLaw #EconTwitter
https://www.eccentricecon.com/p/when-presidents-control-money-why
https://www.eccentricecon.com/p/when-presidents-control-money-why
January 12, 2026 at 2:56 PM
#FedIndependence #JeromePowell #DollarDominance #RuleOfLaw #EconTwitter
https://www.eccentricecon.com/p/when-presidents-control-money-why
https://www.eccentricecon.com/p/when-presidents-control-money-why
5. You don’t have to love the Fed to see the danger here. The alternative on offer isn’t “sound money,” it’s personal rule over money.
https://www.eccentricecon.com/p/when-presidents-control-money-why
https://www.eccentricecon.com/p/when-presidents-control-money-why
January 12, 2026 at 2:56 PM
5. You don’t have to love the Fed to see the danger here. The alternative on offer isn’t “sound money,” it’s personal rule over money.
https://www.eccentricecon.com/p/when-presidents-control-money-why
https://www.eccentricecon.com/p/when-presidents-control-money-why
4. History is clear: countries that let politics run their central banks pay in inflation, volatility, and higher risk premiums.
https://www.eccentricecon.com/p/when-presidents-control-money-why
https://www.eccentricecon.com/p/when-presidents-control-money-why
January 12, 2026 at 2:56 PM
4. History is clear: countries that let politics run their central banks pay in inflation, volatility, and higher risk premiums.
https://www.eccentricecon.com/p/when-presidents-control-money-why
https://www.eccentricecon.com/p/when-presidents-control-money-why
3. Dollar stability is world infrastructure. Politicizing the Fed chips away at the trust that keeps the dollar at the center of global markets.
www.eccentricecon.com/p/when-presi...
www.eccentricecon.com/p/when-presi...
When Presidents Control Money: Why the Trump–Powell Clash Threatens the Dollar and Global Markets
Central banks were made independent for a reason. Once criminal law becomes a tool to dictate interest rates, the U.S. stops having monetary policy in any meaningful sense.
www.eccentricecon.com
January 12, 2026 at 2:56 PM
3. Dollar stability is world infrastructure. Politicizing the Fed chips away at the trust that keeps the dollar at the center of global markets.
www.eccentricecon.com/p/when-presi...
www.eccentricecon.com/p/when-presi...
2. This isn’t a debate over rates. It’s about whether the White House can use prosecutors as a lever to control the Fed.
www.eccentricecon.com/p/when-presi...
www.eccentricecon.com/p/when-presi...
When Presidents Control Money: Why the Trump–Powell Clash Threatens the Dollar and Global Markets
Central banks were made independent for a reason. Once criminal law becomes a tool to dictate interest rates, the U.S. stops having monetary policy in any meaningful sense.
www.eccentricecon.com
January 12, 2026 at 2:56 PM
2. This isn’t a debate over rates. It’s about whether the White House can use prosecutors as a lever to control the Fed.
www.eccentricecon.com/p/when-presi...
www.eccentricecon.com/p/when-presi...
#ImmigrationPolicy #OpenBorders #Discrimination #RuleOfLaw #PublicEconomics
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
Fear, Paperwork, and the Price of Discrimination
The hidden economics of immigration enforcement—and what it would take to flip the incentives.
www.eccentricecon.com
January 11, 2026 at 3:31 PM
5. Core claim: if a policy can only function by making compliance feel dangerous, it has already admitted its own administrative failure.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
Fear, Paperwork, and the Price of Discrimination
The hidden economics of immigration enforcement—and what it would take to flip the incentives.
www.eccentricecon.com
January 11, 2026 at 3:31 PM
5. Core claim: if a policy can only function by making compliance feel dangerous, it has already admitted its own administrative failure.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
4. It engages economists such as George Borjas and Acemoglu & Robinson, taking wage and institutional worries seriously rather than hand‑waving them away.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
Fear, Paperwork, and the Price of Discrimination
The hidden economics of immigration enforcement—and what it would take to flip the incentives.
www.eccentricecon.com
January 11, 2026 at 3:31 PM
4. It engages economists such as George Borjas and Acemoglu & Robinson, taking wage and institutional worries seriously rather than hand‑waving them away.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
3. The piece updates Gary Becker’s insight: discrimination survives because someone else is made to pay its price.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
Fear, Paperwork, and the Price of Discrimination
The hidden economics of immigration enforcement—and what it would take to flip the incentives.
www.eccentricecon.com
January 11, 2026 at 3:31 PM
3. The piece updates Gary Becker’s insight: discrimination survives because someone else is made to pay its price.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
2. When compliance feels dangerous and noncompliance looks cheap, discrimination against immigrants becomes the low-cost default.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
Fear, Paperwork, and the Price of Discrimination
The hidden economics of immigration enforcement—and what it would take to flip the incentives.
www.eccentricecon.com
January 11, 2026 at 3:31 PM
2. When compliance feels dangerous and noncompliance looks cheap, discrimination against immigrants becomes the low-cost default.
www.eccentricecon.com/p/fear-paper...
www.eccentricecon.com/p/fear-paper...
We can all use a good dose of hope these days.
January 10, 2026 at 8:14 PM
We can all use a good dose of hope these days.
#Ukraine #StandWithUkraine #RussiaUkraineWar #ClassicalLiberal #NonIntervention
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
Classical Liberalism at the Front Line
Why a tradition built on law, markets, and sovereignty cannot shrug at Russia’s war in Ukraine
www.eccentricecon.com
January 9, 2026 at 11:48 PM
5. If classical liberals can’t distinguish resisting conquest from starting wars of choice, they haven’t found prudence—they’ve embraced a moral and strategic blur.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
Classical Liberalism at the Front Line
Why a tradition built on law, markets, and sovereignty cannot shrug at Russia’s war in Ukraine
www.eccentricecon.com
January 9, 2026 at 11:48 PM
5. If classical liberals can’t distinguish resisting conquest from starting wars of choice, they haven’t found prudence—they’ve embraced a moral and strategic blur.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
4. Letting Russia redraw borders at tolerable cost doesn’t preserve peace; it shifts risk into the future and normalizes revisionism.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
Classical Liberalism at the Front Line
Why a tradition built on law, markets, and sovereignty cannot shrug at Russia’s war in Ukraine
www.eccentricecon.com
January 9, 2026 at 11:48 PM
4. Letting Russia redraw borders at tolerable cost doesn’t preserve peace; it shifts risk into the future and normalizes revisionism.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
3. Adam Smith put it plainly: defense is of more importance than opulence—free trade doesn’t survive if aggressors can seize ports and routes by force.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
Classical Liberalism at the Front Line
Why a tradition built on law, markets, and sovereignty cannot shrug at Russia’s war in Ukraine
www.eccentricecon.com
January 9, 2026 at 11:48 PM
3. Adam Smith put it plainly: defense is of more importance than opulence—free trade doesn’t survive if aggressors can seize ports and routes by force.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
2. A reflex of “non-intervention” in Ukraine isn’t prudence, it’s a selective reading of the tradition that treats conquest as someone else’s problem.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
Classical Liberalism at the Front Line
Why a tradition built on law, markets, and sovereignty cannot shrug at Russia’s war in Ukraine
www.eccentricecon.com
January 9, 2026 at 11:48 PM
2. A reflex of “non-intervention” in Ukraine isn’t prudence, it’s a selective reading of the tradition that treats conquest as someone else’s problem.
www.eccentricecon.com/p/classical-...
www.eccentricecon.com/p/classical-...
