Category: Trade

  • Until today: Negotiators from more than 170 countries on Saturday reached a legally binding accord to counter climate change by cutting the worldwide use of a powerful planet-warming chemical used in air-conditioners and refrigerators. The talks in Kigali, the capital of Rwanda, did not draw the same spotlight as the climate change accord forged in…

  • Alex Tabarrok: The British public wants the right to work in the EU but they don’t want EU citizens to have the right to work in the UK. This was from a poll taken in 2014 that presciently illustrated some of today’s confusions and misgivings. via marginalrevolution.com

  • Greg Mankiw: I see you recently opened up a golf course in Scotland. I presume that part of your business plan is for some Americans to take vacations to play there. But this raises some thorny questions. You complain constantly about American firms moving jobs overseas. But couldn't you have opened up your golf course here in the…

  • When talking about outsourcing jobs, why don't politicians ever mention the less expensive goods we get in return? This from coverage of last night's Democratic debate: Sanders is no fan of General Electric. He and the iconic American company have been trading jabs ever since Sanders attacked the firm in an interview with the New York…

  • The Department of Agricultural, Environmental, and Development Economics (my department) in the College of Food, Agricultural and Environmental Sciences (my college) at The Ohio State University (my university) is hiring for four new faculty positions–and I am not ashamed of taking advantage of this blog to promote the positions.  If you have (or are close…

  • Dumping is pricing a export good below cost (and losing money), why would anyone do that? In a move that seems likely to increase trade tensions, the Commerce Department plans to impose tariffs on solar panel imports from China, Keith Bradsher and Matthew L. Wald report. The tariffs are relatively small — 2.9 percent to…