Fascinating re-analysis by @jtrothwell showing (CHN) imports no more disruptive than local competition in US::https://t.co/egLqrfn9JN
RT @jtrothwell: I’m a big fan of Autor, Hanson, & Dorn, but I conclude that their famous AER paper on trade has some serious flaws https://…
Then WTO Dispute Settlement, multilateralism’s jewel, begins & often ends bilaterally, too. US a ready litigant, tardy complier. Future dim?
#TPP, too, a series of US bilaterals with other 11. Also: NAFTA, CAFTA. Hub and spokes has been default mode of US agreements since 1930s.
The multi/bi-lateral difference never that big in practice. In GATT/WTO (incl accession) US cut bilat schedule deals:https://t.co/5zzPXWJhwP
@insteconomics … that no theory of preference assortment between the three was possible, so he had no idea why audience was the size it was?
@OldPaddler Sure; but pointless. Are they going to ban deep-fried taro? Home-grown pork fat? Home grown beer? Pretty common in Sth Pac.
RT @OldPaddler: As Obesity Rises, Remote Pacific Islands Plan to Abandon Junk Food. Ban would likely be legal under GATT article XX. https:…
The IMF’s description of AU fiscal management: “mediocreâ€. Agree with this commentary. Ungated version here::… https://t.co/V7lGAzda3L
… Or is it only “Empire Strikes Back†nostalgia. The 1932 Ottowa Accord reinvented for the Age of Trump::https://t.co/qhN6HNmzOw
Delivered a prelim study of a CAN-AU FTA in 2010. Potential servcs, FDI wins (UK++?). But is it a natural ‘region’?::https://t.co/JGFgIiDltW
Enrichment that GDP doesn’t count - The Met released its collection to open access::https://t.co/jN5NpxChfv https://t.co/X8GVk6NdVj
@samirvarma the plenum/vacuum of space :-)
A seething sea of polarizing vacuity (great quote fm Heisenberg, btw) https://t.co/5U3ubUeClJ
Greed is good but algorithms are better. Goldman Sachs NY had 600 traders, now has 2::https://t.co/nNu6DuCqeU
@samirvarma Good for them! Bet the poorest families are doing much better, too.
RT @samirvarma: The richest families in Florence in 1427 are still the richest families in Florence https://t.co/56Bb0Gpnhd
G Hufbauer: delays will limit WTO complaints on BTA. Still, CHN may have the patience & CVD ‘alternative’ is noxious:https://t.co/Hu6ZdlzkTH
If the relevant ROO for “border-tax adjustment†is “crosses the customs barrier“, predict innovators will substitute services for goods.
If USA adopted a “tax adjustmnet“ that differentially taxed import transactions, what Rule of Origin would it apply to identify an â€importâ€?
Could USA defend (under Art III) a tax designed to prejudice the value of import transactions?::https://t.co/tmT4BuVIBA
@Fourmilab Avensa.com has Jules Verne complete @ €1.79 Kindle dict. good, Antidote Ardoise (iPad) in split screen *mirifique*.
Devotee of (EUR) Rugby & the Six Nations’ Cup? Me neither. But this *bande dessinée* on rugby history is… *génial*l:https://t.co/u4TlWz57Xj
Here is @iccwbo’s Commercial Crime Service ‘Live Piracy Map’::https://t.co/VGy4xCQB5v
Extraordinary map of world cargo shipping shows why Straits of Malacca→Borneo remains the epicenter of piracy::https://t.co/tRc1RkvXai
… and the past of the universe. https://t.co/jf8KZrQWBq
RT @OldPaddler: Trump hasn’t glommed onto the fact that TPP was a renegotiation of NAFTA. Free exchange: Better than a wall
https://t.co/LF…
Reducing AU’s teetering federal fiscal imbalance one step to improving housing market (and other state srvcs)::https://t.co/msIg0wOr5e
Friends matter, even for sovereigns. CHN cannot be a leading power with no real allies & heavy-handed data curbs::https://t.co/pzlPRWS0oh
On Australia Day, last week, I gave a talk at a local club based on this brief paper “Too Content to Change?â€::https://t.co/Zz4g4FqcK6
RT @insteconomics: The contribution of land prices to national house price growth is 90% for Australia https://t.co/zOIHZHUlZX
#OffPiste Peak Apple II coming up. Making a motza on phones, but focus only on next Qtr: developers, fans pissed by s’ware, h’ware slippage.
Certainly. Remember “lemons†from the 70′s, 80′? Today there are no *bad* cars. Why? Int’l trade competition. Hoora… https://t.co/5PuUogtMQ6
“Radical uncertainty at the heart of the capitalist discovery process has lessons for [regulators]â€@ATabarrok::https://t.co/YCGaZfvUls
RT @SincDavidson: MNC company tax avoidance propaganda exposed https://t.co/IM21at6Rdn