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The Unseen and The Unsaid

Veronique de Rugy, Revana Sharfuddin, Susannah Petitt, Caleb Petitt, Jack Salmon, Clément Granger-Veyron, Joshua Rowley, Joshua Pauze

The Unseen and The Unsaid is a newsletter about the unseen impacts of government interventions that are frequently left unsaid

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Substack
PricingOnly free issuesPublishesDaily
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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Who’s Afraid of Tariffs? Investors, Especially in “Red” America

Huijun Yan and Randall Morck have a sharp new NBER working paper out: “Who’s Afraid of Tariffs? The Geographic Distribution of Fear and Loss.” It uses the April 2025 tariff shock as a natural experiment to ask a simple, uncomfortable questi...

2 months ago
4
1

The Case Against Pay-as-You-Go Retirement Systems

The recent debate around August’s executive order “Democratizing Access to Alternative Assets for 401(K) investors,” which opens retirement savings to “alternative assets,” has raised the question of how far the U.S. government should prote...

2 months ago
3
0

How Not to Do Monetary Policy

Here’s the gist of Governor Stephen Miran’s speech at the Economic Club of New York on September 22nd – a speech obviously meant to justify his endorsement of cutting interest rates by 50 basis points.

2 months ago
5
1

When a Chart Tells Half the Story

Tariffs have taken a clear toll on U.S. exports, including for crops like soybeans. There are many ways to illustrate this reality. Unfortunately, The New York Times’ recent attempt fell short. Instead of clarifying the damage, the article ...

2 months ago
8
1

Authors

The writers behind this newsletter.

  • Veronique de Rugy

    George Gibbs Chair in Political Economy and Senior Research Fellow at the Mercatus Center

  • Revana Sharfuddin

    Research Fellow and Emerging Scholar for the Labor Policy Project at the Mercatus Center at George Mason University.

  • Susannah Petitt

    Susannah Petitt is the Program Manager for the Fiscal and Labor Policy teams at the Mercatus Center

  • Caleb Petitt

    Research Associate at the Independent Institute. PhD in Economics from George Mason University.

  • Jack Salmon

    Jack Salmon is a Research Fellow and Gibbs Scholar at the Mercatus Center at George Mason University, where he focuses on economic and fiscal policy, with an emphasis on federal budgets, taxation, economic growth, and institutional analysis.

  • Clément Granger-Veyron

    Contributing articles to The Unseen and the Unsaid Substack on economic policy, markets and public finance.

  • Joshua Rowley

    Joshua Rowley is a Research Fellow at the Mercatus Center with interests in fiscal and economic policy, international trade, and avoiding a fiscal catastrophe. He was previously an economist for the US House Budget Committee.

  • Joshua Pauze
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