Robert Waldmann Doug Elmendorf says that the costs of cap and trade will be miniscule and does not try to estimate the benefits. Juliet Eilperin of the Washington Post demonstrates…

rdan Calculated Risk reminds us: …U.S. trade deficit, with and without petroleum, through July. The blue line is the total deficit, and the black line is the petroleum deficit, and…

Angry Bear is looking for an economist or other bright mind (no jokes please…well, some anyway)) to help us keep the issue of trade, trade policy, WTO, trade deficit/surpluses in…

…known as the Stolper-Samuelson theorem, in their very first course in international trade, and rehash it in every other course about trade that they ever take or teach during the…

…that the import GDP ratio was 15.2% in 2004 versus 15.0% for 2000. To suggest that the increase in the trade deficit is mainly due to stronger import demand is…

…both sides (think Buchanon and Nader) are generally against free trade; the center to near-extreme Right is generally for free trade unless (1) it’s with Cuba, or (2) it involves…

…over the same span, the red graph shows our trade deficit for everything else except oil; combined together, those two are of course our total trade deficit, which Bill has…

…could be changed. Big silence. Yet the rise of inequality world-wide is connected to trade imbalances and to foolish trading agreements. My piece, “Trade and the Great Recession” spells out…

…from December to May world trade volume fell -3.4%. Interestingly, in the first five months of the 1971 decline trade fell -3.5%, essentially the same as this drop. The year…

Via Vox: One size does not fit all: On the heterogeneous impact of free trade agreements Can empirical research on past FTAs shed light on this uncertainty? To date, most…