Author Archives: F. E. Guerra-Pujol

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About F. E. Guerra-Pujol

When I’m not blogging, I am a business law professor at the University of Central Florida.

Adam Smith’s Second Law

THE IMMORTAL ADAM SMITH, PART 3 “Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has … Continue reading

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Adam Smith’s First Law

THE IMMORTAL ADAM SMITH, PART 2 In my previous post, I walked us through the first two paragraphs of Book IV, Chapter 2 of Adam Smith’s Wealth of Nations. To recap, Smith concedes that restraints on foreign trade will benefit … Continue reading

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The immortal Adam Smith

Among other things, Adam Smith devotes an entire chapter of The Wealth of Nations to “Restraints upon the Importation from Foreign Countries.” (See Book IV, Chapter 2 of his magnum opus.) To begin with, the Scottish philosopher-economist concedes right off … Continue reading

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Does the president have the authority to unilaterally impose import tariffs?

Although the text of Article I, Section 8, Clause 1 of the U.S. Constitution specifically empowers the Congress (not the president) to set import tariffs (“The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises …”), … Continue reading

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Monday graffiti map

I will address some legal aspects of Trump’s executive order imposing tariffs on imports from our main trading partners (Mexico, Canada, and China) in my next post; in the meantime, today’s “Monday map” post is dedicated to my hometown: Los … Continue reading

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Happy Groundhog Day!

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Congratulations Adys Ann!

Pictured below (from left to right) is principal Dr Rodriguez, yours truly, my youngest daughter Adys Ann, and my wife Sydjia. Our daughter won her school’s spelling bee two years in a row! School motto: “Work Hard. Play Hard. Pray … Continue reading

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Friday funnies: *creative destruction* edition

See also this tweet by @wwwojtekk.

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SpaceCom update

Among other things, today (30 Jan.) I will be attending a special one-hour session on “Integrating Commercial Innovations for Space Domain Awareness” at this year’s “Space Com” conference, which is taking place in my neck of the woods (Orlando, Florida). … Continue reading

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U.S. Presidents who have ruled by decree

The worst offenders were FDR (pictured above), who signed over 3,700 Executive Orders or EOs (see link below), including the infamous Japanese internment order; Woodrow Wilson (1,803 EOs); and Calvin Coolidge (1,203 EOs). By way of comparison, Donald Trump has … Continue reading

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