More on the Myth of Outsourcing’s Efficiency
Why outsourcing winds up producing cost creep over time.
Read more...Category Archives: Globalization
Gaius Publius: If Fast Track Passes, Anything Attached to a “Trade” Treaty Will Pass
How the Administration’s Fast Track authority would transfer more power to the President by limiting Congressional authority on “trade” bills.
Read more...Will the TransPacific Partnership Agreement Go into the Deep Freeze?
The TransPacific Partnership is far from a done deal,. Delay in securing Congressional approval for Fast Track has high odds of throwing a fatal wrench in the overseas timing.
Read more...Is the Push for Greater European Integration a Mistake?
The assumption among policy elites that more European integration will heal the union’s ills may be misguided.
Read more...Give the Democratic Trade Turncoats Hell Over Fast Track Vote
The real fight against Fast Track authorization will take place in the House. but the Senate sellouts should be made to feel the wrath of their constituents.
Read more...Sovereignty For International Investors (Trans-Pacific Partnership (TPP))
Why the investor state dispute settlement panels in the Trans-Pacific Partnership are a Trojan horse for enriching multinationals and gutting national sovereignity.
Read more...Branko Milanovic: Income Inequality and Citizenship
Dave here. This is a readable discussion of inequality between nations, but the conclusions suffer from the conceit that people – particularly people in poor countries – have universal freedom, wherewithal and mindset to pick and choose what country to which they want to emigrate. But other than that nitpick, worth a read. By Branko […]
Read more...First Quarter GDP Likely Negative as Trade Deficit Soars
By David Dayen, a lapsed blogger. Follow him on Twitter @ddayen. Because of the blinkered way we talk about the economy in this country, news that the trade deficit widened in March well above consensus expectations will undoubtedly be met by cries that we must create more free trade deals to counteract that. Of course, […]
Read more...Matías Vernengo: On Free Trade and Economics Consensus
Mankiw tells us in his most recent NYTimes column that economists agree that Free Trade is good. He links to a poll in which, essentially, mainstream economists of different persuasions, some Keynesian and some not, and different political views, some liberal and some conservative, say that trade agreements are good. He backs his argument by suggesting that theoretically the argument is at the heart of the economics profession since the beginning; I guess an argument of authority.
Read more...Wolf Richter: China Containerized Freight Index Plunges to Multi-Year Low, Shanghai-EU Rates Totally Collapse, US Rates Morose
Weak demand in the Eurozone; inventory build-up in the U.S., and free money meant carriers added more and more ships. How does the movie end?
Read more...Obama Bribes Abe to Support the TPP by Unleashing Japanese Military
Obama’s bribe to Abe, of a more muscular Japanese military, has won him over but won’t play as well in Japan and will go down worse in China.
Read more...Ridiculing Concerns About TPP Tyranny
Yes, Virginia, the TPP is at least as bad as its critics say it is.
Read more...The 23 Count Indictment of the TPP
This post will serve to remind you: call your Representative (contact info here) and Senators (contact info here) today and tell them in no uncertain terms that you expect them to vote against Fast Track authority.
Read more...Bill Black: Obama & TPP – Every One That Doeth Evil Hateth the Light
President Obama wants the world to know that he takes it personally that the Democratic Party’s base opposes his latest effort to sell out the people of the world to the worst corporations through the infamous Trans-Pacific Partnership (TPP) deal.
Read more...Greece Talks With Eurogroup Hit “Complete Breakdown”
The Greek negotiations with the Eurogroup are exemplifying the saying, “Things look the darkest before they go completely black.”
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