A #TTIP deal with EU still looks the best hope for cracking (or will it be “managing”?) some US services barriers::trade.ec.europa.eu/doclib/docs/20…
… And the original of Mme Le Pen’s Op Ed (but the translation is impeccable)nytimes.com/2016/06/28/opi…pD
That quote from Marine Le Pen in the NYT::nytimes.com/2016/06/28/opi…
“More and more the destiny of the EU resembles the destiny of the Soviet Union, which died from its own contradictions”: Marine Le Pen.
How did the Jedi knights vote on #Brexit?::theatlantic.com/notes/2016/06/…
Since 1919, USA has expected UK to do its bidding in Europe. Despite recriminations, this has never worked well. twitter.com/ABC/status/746…
BTW, SkyData online poll backs this. They show just 36% of 18-24 y.o. voted on #Brexit::twitter.com/SkyData/status… twitter.com/pwgallagher/st…
Seems to me there is insufficient data to reach any strong conclusions about age-preference for #leave or #remain.
There is no official data on UK voting by age. Academic studies show <52% of eligible 18-24 y.o. voted in 2010::researchbriefings.files.parliament.uk/documents/SN01…
Claim baby-boomers trashed millennials’ future in #Brexit starts with this ONLINE poll taken a week BEFORE the vote:graphics.wsj.com/brexit-whos-vo…
#Brexit demographic scatter-plots as social sneers. These correlations (382 aggregate data pts) cd easily mislead::blogs.ft.com/ftdata/2016/06…
@sdonnan @MehreenKhn It means they’re reading the newspapers and Twitter like everyone else. The Octonauts are probably better at ‘rescue’.
“Wider still and wider may thy bounds be set…”
LibDemAus Looks like time for a free trade agreement with the UK. #ausvotes #brexit #welovefreetrade
Flat trade growth is not an emergency. Prices are down; that may be a disturbing signal but also a great incentive (unless govts muck it up)
Still, these are merch. trade only. Services (=18% of AU volumes) boosted momentum of total ex. vols & vals in 2015 twitter.com/sdonnan/status…
mattwridley Rational Optimist: A bright global future for Britain bit.ly/28R1mam
UK must choose either to #Leave & grasp own destiny or #remain forever “offside” in EU as Euro-states move to some form of political Union.
No monetary union survives without the controls & legitimacy of political Union (as Delors knew). UK should be voting on #Euro or #Brexit
We’ve heard a great deal about the riskiness of the #Leave case (IMF, FT, Times, Guardian) but little about the biggest risk of #Remain …
peraltenberg Important piece by @SimonEvenett Hufbauer and Bhatia on changing corporate strategy in the face of #protectionism. voxeu.org/article/why-ge…
SincDavidson Will Brexit be exempt from the Iron Law? ironlawofregulation.com/current-issues… via @wordpressdotcom
A balanced guide to divergent economic views of #Brexit. It’s more about the competing models than the results::economicsonline.co.uk/Global_economi…
Summer 2016 cd. be equally fraught, but that summer trans-Atlantic aviation, talkies & television first appeared. Maybe R. Gordon is right.
Just finished Bill Bryson”s “One Summer: America 1927″. Great fun. Fabulous pageant. Still, more Bosch than Breughel.
@leemakiyama True, NZ bit several bullets. I don’t know what post #Brexit GBR will do but the IMF analogy (NZ in ’70s ~ GBR now) is silly.
If GBR votes Thurs to #remain, will the EU thank them? Hah! Are you kidding? They’ll be punished at every turn “pour encourager les autres…”
alanbeattie That ruthless Cartesian logic again. twitter.com/nickkounis/sta…
Could this be a trade deal both candidates and Congress might actually like!? twitter.com/snlester/statu…
EconDevlpmt @pwgallagher And also NZ really only exported one thing back then. Hard to compare with UK today
snlester I don’t know if the UK will leave the EU, but if it does, the UK/US should quickly negotiate a trade deal to reduce/eliminate tariffs.
The IMF #Brexit study explicitly denies its ‘scenarios’ quantitatively robust. Compares #Brexit to NZ loss of UK preferences in late 1970s!
@BaldwinRE Decades, it’s true. But it was new technology in early 1980s. Much faster — and less costly — now.
Not on this, Brian. AU already has one RTA incl. VN (AAFTA) and one still to come (TPP). UK a top investor, market. twitter.com/brianmlucey/st…
AU should propose an FTA with GBR on the same terms as NZ (trade, investment, competition, labor movement) to begin the day after #Brexit
“The Six Best Reasons to Vote #Leave” (none of them is ‘immigration’)::spectator.co.uk/2016/06/six-be…
“He held the bowl aloft and intoned: Introibo ad altare Dei…”
RBAInfo Speech by Christopher Kent, Assistant Governor (Economic), at the Economic Society of Australia Lunch, Brisbane - goo.gl/EbuRis
McCloskey on the minimum wage as class/race aggression. Sharp, humane, maybe a bit over the top::reason.com/archives/2016/…
Good grief! “Transport for London will no longer accept ads that could damage people’s confidence in their bodies”::ft.com/cms/s/0/abd9fb…
Claiming he offers ‘security’ ahead of the #Brexit decision, Turnbull adopts the buffoonery of a media shock-tart::ft.com/intl/cms/s/0/a…
Another strong “autonomy” argument for the #Leave side of #Brexit. Notes the risks for UK of Eurozone consolidation::blogs.spectator.co.uk/2016/06/brexit…
@ozprodcom “Digital disruption: what do governments need to do?” Answer: cut red tape, improve services, back off::pc.gov.au/research/compl…
Strong case for #Brexit from (it seems) a ‘progressive’ who feels betrayed by EU. Too pessimistic on the UK econ?::telegraph.co.uk/business/2016/…
There’s been a decades-long decline in incidence of (age adj.) US assault deaths. Why the rapid rise in the ’60s? twitter.com/kjhealy/status…
BaldwinRE A global portrait of trade finance: New data
voxeu.org/article/trade-… #trade #finance pic.twitter.com/uLFRnHKwRH
[Pay-walled] Still, that summary slide misleads. Est. is GDP, not household income, for one of 3 alt. ‘scenarios’. twitter.com/CoppetainPU/st…
HenryErgas How Clinton got sideswiped left theaustralian.com.au/opinion/column…
Cameron #Brexit campaign “a textbook case of disgraceful fearmongering”::theaustralian.com.au/opinion/column…
Plus sceptiques que les Britanniques sur l’UE. Salut La France!::pewglobal.org/2016/06/07/eur…
snlester You could actually do it with one free trade agreement that covered everyone. twitter.com/theLizzyKay/st…
Oops… “ghoulish”
Media stories about themselves are often obnoxious but this (about the NYT death watch for M’d. Ali) is goulish::nytimes.com/2016/06/07/ins…?
Free trade after #Brexit? Realists will say: “Minford’s right but… our future is a railway, history lays the track”iea.org.uk/in-the-media/p…S0
Amusing but misleading. Firms are consumers, too: look here (trademap.org) twitter.com/PIIE/status/74… pic.twitter.com/hp4eatF0A4
For #greatstagnation fans: micro-thin meta-lenses that resolve to 400μm, chip-fabrication. A disruption bomb?::dpreview.com/news/121925902…
IanaDreyer 3/ Idea of clean break, and no haggling w partners just fanciful. #yourmeddlingforeigner twitter.com/pwgallagher/st…
CoppetainPU @WTODGAZEVEDO said UK regaining #WTO status post-#Brexit would be complex. What did he mean? Is he right? Depends ..tradebetablog.wordpress.com/2016/06/07/uk-…GQ
Halsrethink Gallagher is quite correct. WTO irrelevant. Trade legal technicalities fixable.Real issue sovereignty twitter.com/pwgallagher/st…
WTO has nothing to say on the #Brexit decision. These legal tangles (overblown IMO) are no guide to good policy::euronews.com/business-newsw…
Proof of an over-coddled industry: CEO’s that cite (executive) behavior and ‘cultural values’ as top priorities::theaustralian.com.au/business/opini…
That link to @CoppetainPU’s article on #Brexit in Agra Europe should have been tinyurl.com/jd3yzwd
✔️ Expert review by @CoppetainPU of the difficulties of post-#Brexit disentanglement of UK’s EU/WTO obligations::agra-net.com/agra/agra-euro…
(George Osborne’s) UK Treasury’s advocacy documents on #Brexit make curious assumptions: eg. Bank Of England sits on its hands.
A decision’s gain/loss is +/- from ‘no change’ baseline. The crucial #remain ‘baseline’ not detailed in HM Tsy docs::gov.uk/government/upl…
I’m skeptcial of #Brexit econ. projections. Gain/loss depends crucially on choice of ‘counterfactual ‘; often a much less elaborate guess.
Cute & quick. Still, seems to be based on gross final merch. exports (COMTRADE) so country magnitudes are illusory. twitter.com/paragkhanna/st…
Is it true 70% of GDP=services but 80% of trade=merchandise? No! GDP=value added. On VA basis trade is >50% services:oecd.org/industry/ind/m…
Former Appellate Body Members object to US shenanigans on reappointments (more politely than I would)::sielnet.org/resources/Docu…
@leemakiyama legal services…
And quite a few traded services..twitter.com/leemakiyama/st…4D
BTW(2) UK’s flirtation w/ EEC & conflicting deGaulle, Kennedy agendas made high drama. Fm my history of @iccwbo::dl.dropboxusercontent.com/u/5517445/DeGa…
BTW, de Gaulle’s “Non!” to UK in his Jan ’63 press conf. is unmissable. Magisterial, orotund, devious [see ~26’30″]::fresques.ina.fr/de-gaulle/fich…
…but EU cleaves to Schuman-Delors social democracy; a program for “stability” tarnished by corporatism, market rigging & entitlement
De Gaulle argued UK did not fit in EEC for cultural reasons. Anglo preferences are libertarian, laissez-faire; UK alliances global…
CHN firms buying ‘defensive’ patents perpetuates this rotten mess. Patent threats a bar to innovation, trade, FDI ft.com/intl/cms/s/0/9…
Why does #apple insist on showing me this totally *useless* crap every time I search for something on iOS? pic.twitter.com/IO1gKRDM5A
Rod Abbott is an expert on this. I’m more optimistic about likely post #Brexit deals b/c of existing links. Still..project-syndicate.org/commentary/bre…fH
And how does that usually work out work out? 😏 twitter.com/SimonEvenett/s…
SimonEvenett @pwgallagher Not quite. The Brexit choice is alas between living next door or remaining married but sleeping in separate bedrooms
Both sides put #Brexit choice as ‘in or out’ but it’s not that stark. Question is: would you rather share a (big) bed, or live next door?
#Brexit goes to a poll b/c there are no experts on choosing a future. Pooh-bahs who claim to know the *answer* know mostly their *interest*.
I have followed EC/EU achievements & absurdities since late 1970s from AU, Washington, Geneva & Brussels. Result is I’m a lukewarm #Leave-r
Foreigners have little title to an opinion on #Brexit. But gratuitous advice is the currency of #twitter. So what the heck…
“It’s high time to take trump seriously” (without merely sneering)::theaustralian.com.au/opinion/column…