We are looking forward to Thanksgiving. Do you have a favorite recipe that you are willing to share? We’d like to include it in next week’s Lowry Letter.

• New or increased tariffs are among the policies proposed by President-elect Trump. We are iffy on tariffs at best. If used as a bargaining tool, they can have some power, but we are skeptical of their long-term economic benefit. Research on general tariffs highlights the negative impact on important industries like semiconductors. Tyler Cowen argues that they generally do more harm than good, reducing productivity and raising domestic prices.

• We enjoyed Conclave, a film about papal succession based on the novel by Robert Harris. It has the feeling of play and some excellent performances, with good insights into human nature.



• The Dallas Cowboys have an amazing new practice facility. Maybe it is too nice.

• It turns out that long exposure time are not the only reason that people didn’t smile in old photographs.

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