Relevant and even prescient commentary on news, politics and the economy.

The New Trade Wars

by Joseph Joyce The New Trade Wars The “global imbalances” of the early 2000s were the Chinese trade surpluses and the U.S. deficits. These received a great deal of attention, but the effects of the U.S. deficit on the domestic economy was not always acknowledged. Those who complained about the loss of manufacturing jobs in the […]

On the Road to…China

(Dan here…more to come) by Joseph Joyce On the Road to…China I have just returned from the 4th HenU / INFER Workshop on Applied Macroeconomics in Kaifeng, China, which was organized by Makram El-Shaghi and Zhang Lin. There were many interesting presentations that are listed in the program.

This is real

Robert Waldmann caught this tweet: The North Korean national anthem was played at a Virginia Women for Trump gala. It was to pay tribute to the Trump-Kim Summit. https://t.co/ZytMX9gVbd — Kyle Griffin (@kylegriffin1) June 28, 2018

Opioids, the Quiet Killer

(Dan here…re posted from March 7, Angry Bear) by run 75441 There are no loud guns shots in the middle of the night. No screams for help or sounds of cars speeding away. No police sirens or flashing lights. It is pretty quiet when someone ODs on Opioids unless someone finds them before it is […]

News on Purdue Pharma…

(Dan here…From Esquire comes this note from the Boston Globe): We begin with good news up here in the Commonwealth (God save it!), where Attorney General Maura Healey, who does not punch down, has opened hostilities against the pharmaceutical companies that have raked in the profits from the opioid crisis. From The Boston Globe: She asserts that the […]