Word has it that, especially because the UK has now ‘brexited’ the European Union, you want a UK-US trade deal that would further increase trade between the British and American […]
Tag: International
De-dollarization Has Begun: Redux
Last week’s article (“De-dollarization Has Begun”) produced a large number of comments and follow-up questions. Enough, in fact, that it feels necessary to address the most common of them in […]
De-dollarization Has Begun.
Last week, China and Brazil reached an agreement to settle trades in one anothers’ currencies. Over the past 15 years, China has replaced the United States as the main trading […]
How Two Corn Cobs Upended A Foreign Aid Model in Zimbabwe
Some years ago on a quiet summer morning, my friend Ben Freeth and I paddled our red kayaks across a lake in southern Virginia, discussing a radical idea: how to […]
Choosing to Remain in the Global Market Economy
In my recently published paper, “Should Trade’s ‘Losers’ Be Compensated?: An Exploration of the Welfare Economics of the Losses and Costs of Economic Change” (Journal of Law, Economics and Policy, […]
Markets Aid Rhino Survival
Herd sizes continue to dwindle as poachers relentlessly harvest rhinoceros horns to satisfy an insatiable demand for everything from knife handles to alleged health remedies of all kinds. Rhino horns […]
The Tragedy of the Monetary Commons
Earlier this month, Argentina and Brazil announced that they would begin working to implement a common currency. The news shocked many economists, including Oliver Blanchard, former chief economist of the […]
A Secret War in the Making: Americans Should Not Die to Defend Taiwan
The United States might be a democracy in form, but most policies are developed without even a semblance of public participation. For instance, policymakers overwhelmingly believe that the US should […]
The Greatest Threat to World Peace: North Korea’s Kim Jong-un?
For years the North Korean playbook was obvious to the world. The Democratic People’s Republic of Korea wanted to be the center of attention. If the rest of the world […]
The CHIP Act Is a Blip
On this day in 1947, three researchers at Bell Laboratories created the first transistor, the little components that act as switches in integrated circuits, controlling the flow of electricity through […]