Adam S. Hersh, Ph.D.

Adam S. Hersh, Ph.D.

@ahecon.bsky.social

Economist from the block. Frmr @EconomicPolicy @PERIatUMass @JECDems @Policy_Dialogue @CAPeconomy @rooseveltinst. #econsky #china #trade #industrialpolicy #manufacturing. 天下大乱，形势大好。

1.7K followers963 following1.8K posts

Pinned

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Walking away from Trump’s failed #USMCA won’t fix the problems created by NAFTA, but will create new problems of its own for workers throughout the continental economy: www.epi.org/publication/...

epi.orgDid Trump really fix NAFTA?: What USMCA failed to do and how to put workers first in North American tradeTrump replaced NAFTA with the United States-Mexico-Canada Agreement in 2020. But his USMCA has so far failed to make trade work for North American workers.

Adam S. Hersh, Ph.D. reposted

Punk Rock History
@punkrockhistory.bsky.social

1980 A great year for picking up new punk releases at the record store. Do you have a favorite that came out this year? For me, it’s a no-brainer: the debut album by the DK's. #punk #punks #punkrock #oldschoolpunk #hardcorepunk #punkrockhistory

Adam S. Hersh, Ph.D. reposted

Ricky Davila
@therickydavila.bsky.social

The people of Serbia celebrating the defeat of the dictator who held full authoritarian control of their country for nearly 14 years. This is what democracy looks like.

Adam S. Hersh, Ph.D. reposted

Eric Lipton NYT
@ericlipton.nytimes.com

Everyone should read these threads I did about industry lobbyists and the EPA and understand them. Take the time to see the unambiguous evidence of what's happening now at this moment inside the EPA. Please retweet them. Please read them. Each one of the threads. It's happening in slow motion.

Adam S. Hersh, Ph.D. reposted

Scott Robertson
@sarobertson.bsky.social

Kory Teneycke on rumours a Canada-U.S. trade deal is close: "They are not people who bargain in good faith or have demonstrated a respect for agreements that they themselves have signed. There are no deals, even if you get a deal."

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

How many Mainers will be buying canoes between now and November 3rd?

Bloomberg News@bloomberg.com

The White House is exempting some Canadian products from tariffs and adding duties to others, an effort to boost Susan Collins’ campaign to keep her US Senate seat

bloom.bgCoffins and Canoes From Canada Get 50% Tariff Under New Trump OrderThe White House is exempting some Canadian products from tariffs and adding duties to others, an effort to boost Susan Collins’ campaign to keep her US Senate seat.
Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Joe Manchin has always stood as the bulwark between human decency and whatever you call the brand of politics Joe Manchin represents.

Ben McAdams (The Resurrection Arc)@purrtah.bsky.social

Wether it’s Vivek attacking a sexual assault victim or Acton being assaulted as a 12yo, both sides are at fault. Thank you for having the courage to say this Joe Manchin

Adam S. Hersh, Ph.D. reposted

PERI Umass Amherst
@periumass.bsky.social

TODAY 4-5PM ET - Environmental Policies that Work for Working Americans The Game Changers environmental team will discuss formative policies to fight climate change and major polluters while protecting the pocketbooks of working America. Register for free: bit.ly/GCWebinarLabor

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Exactly what Californians need: more traffic, more money spent on gasoline.

The War on Cars@thewaroncars.bsky.social

"Bay Area Rapid Transit (BART)... is considering cutting 70% of its service and closing up to 15 of 50 stations, some 30%. Caltrain, the area’s leading local commuter rail system, could discontinue weekend service and shutter up to a third of its stations."

motherjones.comAmerica’s billionaire capital is poised to gut public transitVoters in the San Francisco Bay Area are split on a measure to rescue local transit. Disabled and low-income residents’ mobility is on the line.
Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Some say J.D.’s greatest fault is caring too much.

FactPost@factpostnews.bsky.social

Vance draws a blank when asked about his political strengths Q: What are you good at in politics? Not what you like. What are you good at? Vance: I don't know, man. I have a firm handshake.

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Yeah, I bet Xi Jinping can’t identify a giraffe. #USA1

Aaron Rupar@atrupar.com

Trump: "The first one is they show you a lion, a bear, a snake, and a giraffe. And they say, 'Which one is the giraffe?' I got a perfect score."

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Many people can't afford food or gas or medicine, but this administration is laser focused on a luxury golf course. Fifteen days before an election.

Aaron Rupar@atrupar.com

Trump: "The Department of Interior wants to take a terrible and very unsafe golf course, and make it into a great, safe, and prestigious golf course ... They do not need an approval. Work is scheduled to begin IMMEDIATELY!"

Adam S. Hersh, Ph.D. reposted

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

For reporters on the trade/manufacturing/tariffs/nationalsecurity beats, event of interest at the @pressclubdc.bsky.social 10/16 @1PM: New report on tariffs, prices, and critical role of aluminum in U.S. national & economic security +convo w/ Gen David Petraeus and yours truly. RSVP: bit.ly/3VJ48tT

bit.lyGeneral David Petraeus Joins APAA to Discuss Iran & New National Security ThreatsOn Oct. 16 at 1 pm, the American Primary Aluminum Association will host General David Petraeus for a fireside chat in the Fourth Estate room. After decades of Chinese and Russian market-manipulation, ...

Adam S. Hersh, Ph.D. reposted

Katie Martin
@katie0martin.ft.com

I have blamed The agents That hacked Your website And which You probably Reasonably thought I controlled Forgive me I am rich And unaccustomed To taking responsibility

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Apparently counting to 2 or higher is a challenge to the Commander-in-Chief?

Aaron Rupar@atrupar.com

Trump: "I just left Alaska where we have a real bad thing. They have the ranked choice voting, where you go into I guess some sort of test tube or something and they pick whoever they hell they want."

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

For reporters on the trade/manufacturing/tariffs/nationalsecurity beats, event of interest at the @pressclubdc.bsky.social 10/16 @1PM: New report on tariffs, prices, and critical role of aluminum in U.S. national & economic security +convo w/ Gen David Petraeus and yours truly. RSVP: bit.ly/3VJ48tT

bit.lyGeneral David Petraeus Joins APAA to Discuss Iran & New National Security ThreatsOn Oct. 16 at 1 pm, the American Primary Aluminum Association will host General David Petraeus for a fireside chat in the Fourth Estate room. After decades of Chinese and Russian market-manipulation, ...

Adam S. Hersh, Ph.D. reposted

Catherine Rampell
@crampell.bsky.social

Billions of dollars’ worth of contracts predicting oil would fall and the S&P 500 would rise were placed about 15 minutes before Trump announced a U-turn on Iran in a post on Truth Social. CFTC staff began to investigate...then were told to lay off. www.bloomberg.com/news/feature...

bloomberg.comCFTC Staff Were Told to Retract Analysis of Suspicious Oil TradesChairman’s adviser intervened to take over examination of lucrative bets that were made around Trump reversal on Iran power plant attack.
Adam S. Hersh, Ph.D.
@ahecon.bsky.social

No one has ever traded better in the history of economies. Ever.

Aaron Rupar@atrupar.com

Lutnick: "The president has created the greatest trade deals in the history of economies, the history of the United States of America."

Adam S. Hersh, Ph.D. reposted

Aaron Reichlin-Melnick
@reichlinmelnick.bsky.social

WOW. Kristi Noem and Elon Musk, among others, "chose to turn the power of the federal government against a singular employee with an impeccable record of public service. ... The attacks against Ms. Comans were based entirely on false information" and many officials "knew [they] were untrue."

Josh Gerstein@joshgerstein.bsky.social

JUST IN: Mag. judge in EDVA clears former FEMA CFO Mary Comans of claims she directed tens of millions in payments for housing undocumented immigrants in NYC. Judge: Statements by Musk & others were 'little more than state-sanctioned intimidation.' Doc: www.documentcloud.org/documents/28...

documentcloud.orgComans101326

Adam S. Hersh, Ph.D. reposted

Aaron Rupar
@atrupar.com

"You hired half the Third Reich to staff your office ... If John Lewis were marching today, Mike Collins would be grabbing a billy club" -- here's a supercut of Jon Ossoff SMASHING Mike Collins during tonight's debate

Adam S. Hersh, Ph.D.
@ahecon.bsky.social

The problem is people (including economists!) should care first about general welfare. There is no such thing as a "free" market. Don't feed the Kool-Aid drinkers.

Bloomberg Opinion@opinion.bloomberg.com

These are dark days for free-market economists given the wide-spread support for interventionist government actions such as price controls and industrial policy

bloom.bgIt’s a Depressing Time to Care About Free MarketsFree-market-oriented economists probably live in a state of perpetual despair these days. Politicians and voters on both the left and right are turning on markets. Polls suggest widespread support for interventionist policies that economists long discarded for causing more harm than good.
Adam S. Hersh, Ph.D.
@ahecon.bsky.social

Or not, maybe. Other reporting this week shows no plans or permits have been filled.

Bloomberg Opinion@opinion.bloomberg.com

Does Iowa really need a new steel plant? No, but thanks to Trump's tariffs, it's getting one anyway

bloom.bgTrump’s Steel Policy Is Working. That’s the ProblemWith great fanfare, President Donald Trump announced last week that “the largest steel plant ever built in the United States” would be coming to Lee County, Iowa, adding that Mesabi Metallics’ $15 billion investment in a pivotal midterm swing state proved his “powerful 50% tariffs” were working. He’s right: The announcement is a tangible result of American steel policy — but, contrary to what the president said, that’s not a good thing.