Uncertainty in the global energy budget “imbalance”
The graphic is from “The energy balance over land and oceans: an assessment based on direct observations and CMIP5 climate models” (Martin Wild et al, ...
Time to reassess eugenics?
Eugenics is an ancient idea with a terrible modern reputation. Is that reputation now irrrelevant? [A discussion paper for a talk I gave in 2015: ...
The Opium Trade & The “Jacksonian” Depression of the 1830s
Here’s an exotic tale of trade, money supply and financial recession from the days when silver, not gold, was the numéraire and global trade-finance mar...
Nutraceuticals
Paul Noth, New Yorker magazine
The ‘next trading system’
A series of tweets prompted by the empty argument and specious results of the December, 2017, WTO Ministerial meeting. Eventually, this must end. ...
Free trade (not agreements) will make Britain great
To judge from most of the “progressive” press and my Twitter feed, there is a great deal of ruin in Brexit. I hear that Britain is so integrated into the ...
Trade blocs world
We will soon see the creation of the first global-scale trade-blocs: exclusive international trade zones. What will it be like? The short answer (if you w...