Archive for the ‘New Posts’ Category

ISDS and the US

August 28th, 2018

I’ve been touting the fact, i.e., as I understand it, that this new US/Mex NAFTA agreement just struck yesterday largely gets rid of investor dispute rules (investor state dispute settlement, or ISDS) that many progressive have long complained about. (To be clear, whether this deal is going anywhere is a whole other story; I’m skeptical.)… Read more

Links; some wage thoughts

August 23rd, 2018

A few WaPo entries for your entertainment: —A deeper dive into similarities shared by Trump and Erdogan. And yet, despite their…um…sub-optimal leadership, our economy booms and Turkey’s tanks. I focus on what that has to do with a) dollars, and b) Fed independence. —My old pal Kudlow is sounding off on how the US economy… Read more

Lynx; Trump/Erdogan: compare and contrast

August 14th, 2018

Recent links to WaPo pieces: Productivity and wages: They’re connected, of course, but the extent of the connection requires nuanced analysis of wages at different percentiles and movements in labor’s share of national income. There’s an interesting dichotomy here in how economists and people think about productivity and wages. For many economists, it’s the determinant… Read more