Bad Trade
“Bad competitiveness” results in weakening demand, which either reduces global production or requires surging debt to maintain demand and production at its existing level. Perhaps that rings a bell, because it is the world we live in.
“Bad competitiveness” results in weakening demand, which either reduces global production or requires surging debt to maintain demand and production at its existing level. Perhaps that rings a bell, because it is the world we live in.
After decades of intensive effort and investment to create an equitable education system, not least for girls and women, the nation finds itself with a peculiar predicament: It is boys who are falling behind furthest and fastest.
America grew wealthy not from free trade, but behind some of the world’s most imposing protectionist barriers. In fact, the principal tradition of free trade one finds in American history was born in the Confederate South.
The conflict between responsibilities at home and at work is largely the result of economic transitions to which we still—nearly a century after industrialization and 50 years into the modern feminist movement—have not adequately responded.
As we are belatedly coming to realize, online territory must be regulated—by people, not merely by economic laws or algorithms—but we have no idea how or by whom.
We need and value expertise, yet our public square tends to amplify precisely those least worthy of our trust. How should we decide who counts as an expert, what topics their expertise properly addresses, and which claims deserve deference?
Fusionist think tanks established strong brands and large payrolls, and if the donors would keep giving, then the Cold War hawks would find new wars to start, the supply-siders new taxes to cut. They are still doing it today.
Adapted from remarks delivered by Senator Marco Rubio on the 20th anniversary of China’s ascension to the WTO.
After decades of foreign policy debates centered on dealing with states and actors far weaker than ourselves, the United States has lost the “finger tip feel” and grammar for determining how to respond to a nation that is comparable to us in power.
Magical thinking is evident in Homo oeconomicus’s serial recital of the “benefits of trade”; his blithe attitude toward financialization and the rise of cheap digital consumer technology; his utter indifference to the economic pressures bearing down upon the working family…
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