Phillip Magness

Phillip W. Magness is Senior Fellow and David J. Theroux Chair in Political Economy at the Independent Institute

Mar 11, 2026

Clarence Thomas Misunderstands Founders on Trade

Justice Thomas’s dissent in the recent tariff case is wrong about Founding era views of trade.
Jan 16, 2026

The Fed Is Flawed, Politicization Makes It Worse

On Monday, Federal Reserve Chair Jerome Powell delivered a stark warning.  Responding to the Justice Department’s subpoena and threat of charges, Powell said the move was...