EconoSpeak
Monday, July 30, 2018

Germany Organizing Anti-Trump Coalition

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Mark Thoma today links to a story in Der Spiegel about a visit to Japan by new German Foreign Minister, Heike Maas.  He met with PM Shinzo A...
Saturday, July 28, 2018

The Soybean Boom

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Via TalkingPointsMemo AP notes: Private forecasters cautioned that the April-June pace is unsustainable because, they say, it stems from t...
2 comments:
Thursday, July 26, 2018

Meanwhile, Saudis Stuck On Oil Thanks To MbS Crackdown

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Saudi Crown Prince Mohammed bin Salman (MbS) has a plan to get Saudi Arabia off oil, with an immediate push to create 1.2 million private se...
6 comments:
Wednesday, July 25, 2018

Has Trump Won This Easy Trade War With Our Greatest Foe, The European Union?

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So Sean Hannity would have us believe this evening after the press conference earlier today by Trump and EU Commissioner Jean-Claude Juncker...
5 comments:

Yes, Trump Is Bailing Out Soybean Farmers

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And maybe dairy farmers as well.  As suggested in a recent post here, indeed it will be by using the Commodity Credit Corporation, and Trump...
1 comment:
Tuesday, July 24, 2018

Screenwriter Dies at Age 100, Of "Rashomon," 1950, Greatest Film of Japan Ever.

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Shinobu Hashmoto just died at age 100. His original screenplay for the greatest movie ever made in Japan was initially written while he w...
4 comments:
Sunday, July 22, 2018

The Most Important Issue At Helsinki

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No, folks, it was not the much ballyhooed issue of Russian election interference in 2016, which got so much attention because of Trump's...
5 comments:
Thursday, July 19, 2018

Trump Tariffs Hit Largest US Aluminum Company, ALCOA

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In the history of antitrust law, one of the most important rulings by the US Supreme Court came in 1945, when the Aluminum Company of Americ...
1 comment:
Saturday, July 14, 2018

Is Trump Bailing Out Soybean Farmers Or Not?

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Chinese tariffs on US soybean exports have now kicked in, with China half the US soybean market, and exports much more important for soybean...
1 comment:
Monday, July 9, 2018

How Much Do the NATO Members Spend on National Defense?

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Josh Marshall provides a nice discussion of the difference between how NATO is funded versus how much each of its members spends on nationa...
6 comments:
Saturday, July 7, 2018

The Value of Life and the Metaphor of Choice

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Perhaps no topic generates such bewilderment between economists and the general public as the monetary valuation of human life, or the value...
18 comments:

In Defense of the Francois-Baughman Analysis of the Trump Tariffs

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Dr. Joseph Francois and Laura M. Baughman are being criticized for writing: This policy brief examines the potential net impacts on U.S. j...
3 comments:
Tuesday, July 3, 2018

Pruitt's EPA Trashing Benefit-Cost Analysis Of Environmental Policy

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Scott Pruitt increasingly looks the worst of the worst out of the appalling cabinet of President Trump, quite aside from his race to become ...
9 comments:

Three-day Workweeks and Four-day Weekends

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David Gelles interviewed Richard and Holly Branson for The New York Times Saturday David Gelles (NYT): What do you think those in positio...
3 comments:
Sunday, July 1, 2018

"The theory that wages depend entirely on the efficiency of labor, or on the product of industry, is a new form of the old doctrine of the wages-fund."

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Excerpts from "The Effect of an Eight Hours' Day on Wages and the Unemployed" by  Charles Beardsley, Jr. ( The Quarterly Journ...
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