The below is an off-site archive of all tweets posted by @pwgallagher ever

Recent tweets

As ever, local capital and labor will be the biggest loosers from unwarranted AU rebuff to CHN investors::ft.com/intl/cms/s/0/d…

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There’s a comic-book summary! But this is a detailed report w/ many sensible recommendations for proportionate IP twitter.com/ozprodcom/stat…

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kim_weatherall Draft Report on IP Arrangements: @ozprodcom considers Australia’s IP settings are contrary to Australia’s national interests and need reform

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kim_weatherall@ozprodcom also proposes allowing circumvention of geoblocks; allowing parallel importation; taking steps to reduce TM cluttering…

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kim_weatherall @ozprodcom draft backs many existing recommendations: adopt (c) fair use; abolish innovation patents; tailor patent term extensions…

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I wish I could explain the gains from trade as clearly as Frank Wilczek explains quantum entanglement::quantamagazine.org/20160428-entan…

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Exactly! @AlanKohler rewrites Turnbull’s script & gets it right:”The submarine announcement we should have [had]”::theaustralian.com.au/business/opini…

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V. nice article by @dikenson on duty suspensions (‘by-laws’ in AU). Argues for zero duties on intermediate goods. twitter.com/snlester/statu…

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Of course quoted $7bn added cost for local mfg. of submarines will prove a tiny fraction of acutal overrun. Historical record unambiguous.

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It took AU govts 50 years to admit subsidies for car mfg. had not created jobs, industries. Just 2 years on, Turnbull reverts to subsidies.

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Turnbull’s foolish, doomed subs-socialism:”Our plan to ensure economic & national security for generations to come”::theaustralian.com.au/opinion/submar…

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Protectionist folly: Turnbull adds $7bn to $50bn ‘sticker’ price, delays & threatens quality of submarines::theaustralian.com.au/national-affai…

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Relax! The world’s most productive econ. can eat its cake & have quite a bit of ours too (& everyone’s happy!) twitter.com/scottlincicome…

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Have long been a big fan, teacher of @ITC_MktAnalysis TradeMap & MacMap. The go-to web-tools for trade data (now with added vitamins!)

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Glorious sunny Sunday morning in Autumn in Melbourne. Bach never (well, hardly ever) fails::allofbach.com/en/bwv/bwv-29/ pic.twitter.com/cmPwXVftfi

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Hah! Love it! “Keep Pork Pie British! in EU” Let’s get some bumper stickers. twitter.com/sdonnan/status…

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@sdonnan EU also carries a lot of baggage into a negotiation that UK may not need. Irrelevant ‘red lines’ that make a deal with EU hard.

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Focus of trade eval shd.be: how much do transact. costs rise if UK ‘adjacent’, not ‘in’ EU? More/less cost than EU trade policies?

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@sdonnan In small-large FTAs the small econ probably does better (scale-gains). But neg ‘leverage’ the wrong focus for trade eval.

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Me too. If either USA or CHN enacted an “us vs them” trade policy they’d get so much less than they bargained for. twitter.com/snlester/statu…

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@alanbeattie Yep. A century of bans. Disgraceful rubbish. No evidence just rural socialism (like Canada-Potatoes). Rescinded 10(?) yrs ago.

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@alanbeattie Pomm(i)es you mean? I’m not a fan of biosecurity controls. Like A-D duties they take little/no acct. of consumer costs.

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@alanbeattie ‘Fraid it’s not possible. Sparrers a prohibited import. Also no laissez-passers for pirates unless, you know, Kiera Knightley.

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(2/2) Because if UK it must bear continuing econ. costs of same EU barriers it wd. face/negotiate after & more (cognac?)

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