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Has Globalization Been Reversed?

…measures the growth of trade, capital, people and information relative to the growth of the domestic economy. The first three measure declined in response to the COVID pandemic, but trade

Rare earths and trade

A battle to keep using rare earths on our terms by Tim Worstall in The Register points to a facet of trade policy that would seem to demand some government…

How to Devalue Your Brand, Greg Mankiw Version

trade and greater prosperity. Although economists are united in support of free trade, opinion polls show the American public is more skeptical. The public’s view is partly based on the…

You, Me and China make Three, part II

…the philosophes in particular to apply rationality to every problem is considered the essential change. The discussion of Enlightenment begins with free trade and that the USA is “not a…

Why Is Brazil Ahead of the US…fuel

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label