China's Rise: From Free Rider to Pharma Innovator
From free rider to innovator: How China became a global pharmaceutical powerhouse | @cepr_org https://t.co/PBOhOKKbHX
Higher Fertility Slows Growth Without Immigration, Cuts Labor Participation
🤔 ✍️ @voxeu without immigration, “higher fertility would depress GDP per capita growth for roughly 50 years.” 💥more births would likely lower force participation among women & older workers. https://t.co/VubvO2dK8V
Tariffs Served as Political Theatre, Not Economic Policy
The tariffs weren't trade policy, IMHO, they were tariff theatre. There were no specific goals, no studies, not even the slightest economic thought behind their design. > Is it a category error to evaluate them as economic policy. >They max'd political...
Trump's Trade Shock Spurs Global Free‑Trade Alliances
I presented my forthcoming eBook, World War Trade, in Paris last week. Here is the first coverage i've seen 💪 ✍️Guillaume de Calignon @gcalignon « Le choc douanier de Donald Trump pousse le reste du monde à se rapprocher .... les pays...
Trump's Volatile Tariffs Cripple U.S. Industrial Competitiveness
The problem was that Trump put the big tariffs on the upstream inputs that would’ve helped America industry be competitive. With those high tariffs it makes American industry less competitive with imports from the other industrial powers like China Korea,...
LLMs Offer Hope for a Less Corrosive Information Revolution
LLMs to the rescue of reason? ✍️ @jburnmurdoch @ftopinion 💥”there is cause for optimism that the next information revolution may take us in a less corrosive direction” https://t.co/C5DIGyCxew
Trump’s Tariffs Were Symbolic, Global Trade Endured
Factful Friday is up! After a book-writing hiatus, it's back (and based on snippets from my forthcoming eBook, World War Trade). 👉Why didn’t Donald Trump’s tariffs melt down the world trade system? This Factful Friday, based on snippets from my...
U.S. 10‑Year Treasury Nears 4.5% Threshold
The other chart we all gotta check daily. 👉 U.S. 10 Year Treasury 💥Almost hit 4.5% today😦 https://t.co/DVVhNkPrqm
Huge Supply Shock Triggers Market Overreaction, Says BlackRock
Rick Rieder of BlackRock told Unhedged. 👉 “This is one of the largest supply shocks we’ve seen in a generation, 👉markets have had to react quickly, 💥 when markets move quickly, they overreact.” https://t.co/RRf6LgSI91
US Unveils Section 301 Trade Action Against 16 Nations
The US drops Section 301 trade bombshell on 16 countries | Article | Hinrich Foundation https://t.co/d4DGMQE6Zp
You Must Choose: Reduce NA Trade or Cut China
“You can have less Mexico and Canada, 👉or you can have less China, 💥but you can’t have both.” ✍️Antonio Ortiz Mena, a former Mexican diplomat and professor at Georgetown University. https://t.co/h15MGpAnEg
Equal Tariffs, but China Parity May Backfire
Memo to self: file under unintended consequences. ✍️ @ft “The tariff structure puts all countries on an equal footing. . 💥”But parity with China is not necessarily good news.” For other countries 🎩📈 @SimonEvenett @IMD_Bschool https://t.co/OCibAcj1Ms
Security Leverage Outweighs Europe’s Economic Edge
Yes Europe has supply chain leverage over US; but US has escalation dominance over Europe on security policy. 👉 Security leverage trumps economic leverage https://t.co/OaW6h9iYDf https://t.co/yclXueiGNc
IEEPA Cuts Trump Tariffs, Boost
🎩 ✍️ @nytimes 1. IEEPA = 1/4 of Trumpian tariffs; 2. Rates were coming down; exemptions expanding = Affordability TACO under way since summer 2025 https://t.co/OpllUV99nH
Supreme Court Threatens Trump-Era Trade Deals Under IEEPA
Are Trumpian trade deals valid❓ ✍️ @nytimes”The fate of those deals is in doubt now with the Supreme Court decision, because many of the deals were premised on tariff rates under the IEEPA law” https://t.co/ltr9FW5Tl4